After many discussions, Mari will receive a 30% profits interest in ABC, LLC, a real estate limited liability company. ABC has 4 high quality leases with the U.S. government. The leases have been in effect for five years and have another 10 years to go before a renewal is required. Cash flow from the leases has always been certain and will be certain going forward. Mari will receive the interest for future management services; however, the 30% profits interest will start on signing the agreement. Mari and the other members understand that receipt of a profits interest is not taxable to the recipient (Mari). They want to confirm this with you