Lesson 8 is a partner in RKW partnership. Rich owned 50% from Janu to April 30, 2013, when he bought Kevin's 25% interest. He or the rest of the year (assume a 365-day year). The partrner ary income of $150,000 and $25,000 in long-term capital ga g any special allocations in a partnership agreement, Rich ome items is: $75,000 ordinary income; $12,500 capital gain. $100,172 ordinary income; $16,696 capital gain. $112,500 ordinary income; $18,750 capital gain. Lesson 8 is a partner in RKW partnership. Rich owned 50% from Janu to April 30, 2013, when he bought Kevin's 25% interest. He or the rest of the year (assume a 365-day year). The partrner ary income of $150,000 and $25,000 in long-term capital ga g any special allocations in a partnership agreement, Rich ome items is: $75,000 ordinary income; $12,500 capital gain. $100,172 ordinary income; $16,696 capital gain. $112,500 ordinary income; $18,750 capital gain