@nexchap , you're help has been awesome, and just wanted to acknowledge. I have a disposition question that I'm 99% sure on, but figured worth asking you/others just in case. With regards to the normal recapture of ordinary income on sale, you're explanation has been very clear and helpful at the federal level. That said, would that ordinary income recapture also flow through as AGI at the State tax level even if the partnership does not operate in that state (in my case, NY)? Or, does it generically flow through the same way any other investment income would (eg dividends)? I'm assuming the latter, but obviously don't want to pay state taxes if not required... Any thoughts appreciated
