Hi Patricia,
This is so helpful!
As for item number 1, I entered the buy out as cash distributions.
In order for Turbotax to stop giving me errors, on the Schedule K reconciliation, I counted the distributions as Guaranteed payment Capital. Is that correct? I'm not getting the error anymore, but that number shows up in red. It's also showing up in red on the Form 1065 page 4-5 screen.
Thanks,
Sarah
