The Scrub-In

Kim 2.0 breaks down the Schedule K-1 form—what it is, why it matters for passive investors, and what your CPA absolutely needs to understand about it. Learn about phantom income, passive activity loss limitations, and red flags to watch for.

Show Notes

In this episode, Kim 2.0 explains the Schedule K-1 form, one of the most important documents for passive investors in real estate syndications. We cover: 
• What a K-1 is and why it matters 
• The difference between distributions and K-1 reported income 
• Phantom income and depreciation deductions 
• Passive activity loss limitations 
• What to discuss with your CPA 
• Red flags indicating your CPA may lack real estate syndication expertise 
• Best practices for tax season preparation Perfect for physician investors building passive wealth through real estate syndications.

What is The Scrub-In?

Where high-earning doctors learn to invest like insiders.

Hosted by Dr. Kimberly Workman, a board-certified orthopedic surgeon who raised $10 million in capital while working full-time in the OR. Each episode breaks down commercial real estate syndications, passive income strategies, and wealth-building tactics designed specifically for physicians who are done trading time for money. This is the stuff they didn't teach you in med school or residency.