On June 08, 2023 a
Exhibit,Appendix
was filed
involving a dispute between
Lois T. Conforti
Individually And As Personal Representative Of The Estate Of Anthony T. Conforti, Deceased,
and
John One Through John One Hundred They Being The Tenants, Occupants Or Parties Having A Mortgage, Judgment, Lien, Warrant Or Other Encumbrance Affecting The Premises,
New York State Department Of Taxation And Finance,
Sandy Hills, Llc,
The Gross Family Holdings, Llc,
The Wheatley Harbor, Llc,
Wj Investors Corp.,
for Real Property - Mortgage Foreclosure - Commercial
in the District Court of Suffolk County.
Preview
FILED: SUFFOLK COUNTY CLERK 04/03/2024 04:19 PM INDEX NO. 614442/2023
NYSCEF DOC. NO. 95 RECEIVED NYSCEF: 04/03/2024
2
651119
Schedule K-1
(Form 1065)
¡ FinalK-1 Ament ed K-1 OMBNo. 1545-012
Part 111 Partner's Share of Current Year Income,
ceury Forcalendaryear2019,ortaxyear
Re enue S rv
n ePrnrta Deductions, CrMdits, and Other Items
beginning ending 1 Ordinary business income (loss) 15 Credits
Partner's Share of Income, Deductions, -13 ,694.
Credits, etc. ºSee separate instructions. 2 Netrentalrealestateincome(loss)
Part I Information About the Partnership 16 Foreigntransactions
A Partnership's employer identification number 3 Other net rental income (loss)
90-0083659
B Partnership's name,address, city, state, and ZIP code paymentsforservices
4a Guaranteed
SANDY HILLS, LLC 4b Guaranteed payments for capital
9362 ISLA BELLA CIRCLE
BONITA SPRINGS, FL 34135 4c Total guaranteed payments
C IRS Centerwhere partnership filed return º 17 Alternative min tax (AMT) items
E-FILE 5 interest income
D U Check if this is a publicly traded partnership (PTP)
Part II Information About the Partner 6a Ordinary dividends
E Partner's SSN or TIN (Do not use TIN of a disregarded entity. See inst.) 18 Tax-exemptincome and
6b oualified dividends nondeductible expenses
2* 1,632.
F Name,address, city, state, and ZIP code for partner entered in E. See instructions.
Sc Dividend equivalents
FRANCIS X WEBER, JR
68 MCCUE LANE 7 Royalties 19 Distributions
BABYLON, NY 11702
G l.X Generalpartner or LLC l__ Limited partner or other LLC 8 Net short-term capital gain (loss)
member-manager member 20 Other information
H1¤ Domestic partner ¤ Foreign partner 9a Net long-term capital gain (loss) Z
* STM'I
H2¤ If the partner is a disregarded entity (DE), enter the partner's:
TIN Name 9b Collectibles (28%) gain (loss)
11 What type of entity is this partner? INDIVIDUAL
12 If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here 9c Unrecaptured section 1250 gain
J Partner's share of profit, loss, and capital:
Beginning Ending 10 Net section 1231 gain (loss)
Profit 50.0000000% 50.0000000%
Loss 50.0000000% 50.0000000% 11 Other income Coss)
Capital 50.0000000% 50.0000000%
Check if decreaseis due to sale or exchange of partnership interest ........_ _.. l--
K Partner's share of liabilities:
Beginning Ending 12 Section 179 deduction
Nonrecourse ......... $
Qualified nonrecourse 13 Other deductions
financing ............ $ $ 4 250.
Recourse ............$ 831, 679.$ 1,043,459.
__ Checkthis box if Item K includes liability amounts from lower tier partnerships.
L Partner's Capital Account Analysis 14 Self-employment earnings (loss)
SEE STATEMENT -13, 694.
Beginning capital account ......._................ .. $ -169,626.
Capital contributed during the year ............... . .. $ 21 More than one activity for a -risk purposes*
Current year net income (loss) ....................... .. $ -13 ,944. 22 O More than one activity for passive activity purposes*
- 2,752. *See attached statement for atditional information.
Other increase (decrease)(attach explanation) .. . $
Withdrawals & distributions .......... ___........ . $( )
Ending capital account ..... .... ....... $ -186,322.
n
M Did the partner contribute property with a built-in gain or loss? o
"Yes,"
Yes No If attach statement. See instructions.
N Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) CC
Beginning .................. ... . . .. $
Ending ............................................. ........... $
1126112-30-19 LHA For Paperwork Reduction Act Notice, see Instructions for Form 106 . www.irs.gov/Form1065 Schedule K-1 (Form 1065) 201t
2
FILED: SUFFOLK COUNTY CLERK 04/03/2024 04:19 PM INDEX NO. 614442/2023
NYSCEF DOC. NO. 95 RECEIVED NYSCEF: 04/03/2024
SANDY HILLS, LLC 90-0083659
SCHEDULE K-1 NONDEDUCTIBLE EXPENSES, BOX 18, CODE C
DESCRIPTION PARTNER FILING INSTRUCTIONS AMOUNT
EXCLUDED MEALS AND NONDEDUCTIBLE PORTION
ENTERTAINMENT EXPENSES 1,632.
TOTAL TO SCHEDULE K-1, BOX 18, CODE C 1,632.
SCHEDULE K-1 SECTION 199A INFORMATION, BOX 20, CODE Z
DESCRIPTION AMOUNT
TRADE OR BUSINESS -
ORDINARY INCOME (LOSS) -13,694.
SELF-EMPLOYMENT EARNINGS(LOSS) -13, 694.
UNADJUSTED BASIS OF ASSETS 17,701.
PARTNER NUMBER 2
Preview
FILED: SUFFOLK COUNTY CLERK 04/03/2024 04:19 PM INDEX NO. 614442/2023 NYSCEF DOC. NO. 95 RECEIVED NYSCEF: 04/03/2024 2 651119 Schedule K-1 (Form 1065) ¡ FinalK-1 Ament ed K-1 OMBNo. 1545-012 Part 111 Partner's Share of Current Year Income, ceury Forcalendaryear2019,ortaxyear Re enue S rv n ePrnrta Deductions, CrMdits, and Other Items beginning ending 1 Ordinary business income (loss) 15 Credits Partner's Share of Income, Deductions, -13 ,694. Credits, etc. ºSee separate instructions. 2 Netrentalrealestateincome(loss) Part I Information About the Partnership 16 Foreigntransactions A Partnership's employer identification number 3 Other net rental income (loss) 90-0083659 B Partnership's name,address, city, state, and ZIP code paymentsforservices 4a Guaranteed SANDY HILLS, LLC 4b Guaranteed payments for capital 9362 ISLA BELLA CIRCLE BONITA SPRINGS, FL 34135 4c Total guaranteed payments C IRS Centerwhere partnership filed return º 17 Alternative min tax (AMT) items E-FILE 5 interest income D U Check if this is a publicly traded partnership (PTP) Part II Information About the Partner 6a Ordinary dividends E Partner's SSN or TIN (Do not use TIN of a disregarded entity. See inst.) 18 Tax-exemptincome and 6b oualified dividends nondeductible expenses 2* 1,632. F Name,address, city, state, and ZIP code for partner entered in E. See instructions. Sc Dividend equivalents FRANCIS X WEBER, JR 68 MCCUE LANE 7 Royalties 19 Distributions BABYLON, NY 11702 G l.X Generalpartner or LLC l__ Limited partner or other LLC 8 Net short-term capital gain (loss) member-manager member 20 Other information H1¤ Domestic partner ¤ Foreign partner 9a Net long-term capital gain (loss) Z * STM'I H2¤ If the partner is a disregarded entity (DE), enter the partner's: TIN Name 9b Collectibles (28%) gain (loss) 11 What type of entity is this partner? INDIVIDUAL 12 If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here 9c Unrecaptured section 1250 gain J Partner's share of profit, loss, and capital: Beginning Ending 10 Net section 1231 gain (loss) Profit 50.0000000% 50.0000000% Loss 50.0000000% 50.0000000% 11 Other income Coss) Capital 50.0000000% 50.0000000% Check if decreaseis due to sale or exchange of partnership interest ........_ _.. l-- K Partner's share of liabilities: Beginning Ending 12 Section 179 deduction Nonrecourse ......... $ Qualified nonrecourse 13 Other deductions financing ............ $ $ 4 250. Recourse ............$ 831, 679.$ 1,043,459. __ Checkthis box if Item K includes liability amounts from lower tier partnerships. L Partner's Capital Account Analysis 14 Self-employment earnings (loss) SEE STATEMENT -13, 694. Beginning capital account ......._................ .. $ -169,626. Capital contributed during the year ............... . .. $ 21 More than one activity for a -risk purposes* Current year net income (loss) ....................... .. $ -13 ,944. 22 O More than one activity for passive activity purposes* - 2,752. *See attached statement for atditional information. Other increase (decrease)(attach explanation) .. . $ Withdrawals & distributions .......... ___........ . $( ) Ending capital account ..... .... ....... $ -186,322. n M Did the partner contribute property with a built-in gain or loss? o "Yes," Yes No If attach statement. See instructions. N Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) CC Beginning .................. ... . . .. $ Ending ............................................. ........... $ 1126112-30-19 LHA For Paperwork Reduction Act Notice, see Instructions for Form 106 . www.irs.gov/Form1065 Schedule K-1 (Form 1065) 201t 2 FILED: SUFFOLK COUNTY CLERK 04/03/2024 04:19 PM INDEX NO. 614442/2023 NYSCEF DOC. NO. 95 RECEIVED NYSCEF: 04/03/2024 SANDY HILLS, LLC 90-0083659 SCHEDULE K-1 NONDEDUCTIBLE EXPENSES, BOX 18, CODE C DESCRIPTION PARTNER FILING INSTRUCTIONS AMOUNT EXCLUDED MEALS AND NONDEDUCTIBLE PORTION ENTERTAINMENT EXPENSES 1,632. TOTAL TO SCHEDULE K-1, BOX 18, CODE C 1,632. SCHEDULE K-1 SECTION 199A INFORMATION, BOX 20, CODE Z DESCRIPTION AMOUNT TRADE OR BUSINESS - ORDINARY INCOME (LOSS) -13,694. SELF-EMPLOYMENT EARNINGS(LOSS) -13, 694. UNADJUSTED BASIS OF ASSETS 17,701. PARTNER NUMBER 2