Look for an advisor to help you structure your partnership at a low price. Books and recordings, very important, do not become sloppy. Never treat your trust, partnerships or any of your LLCs as your alter ego. Remember, this is a brand new separated baby. This can be your first baby and you don`t want to treat your baby like your paperback. The supplement shall provide any commander with information on the taxable income or loss of the partnership, as well as on any item of income, profit, loss, deduction or credit relevant to the declaration of the partnership`s income. The information must also contain each partner`s distributed share in each item of income, profit, loss, deduction or credit. This information will be communicated to each limited partner after the end of the fiscal year of the partnership and, at the request of the complementary, a copy of the return of the federal income of the partnership for that year. . . .