I am still puzzled by this. When you read the IRS's K-1 instructions page 10 and 11 where it talks about PTP's, it says "combine any current year income, gains, and losses to see if you have an overall gain or loss from the PTP". To me this means ordinary income, rental real estate income, interest, dividends and capital gains. The interest and dividends are reported on Schedule B and capital gains reported on Schedule D. Now, to me that is all income from the PTP, if any one part of that is a loss it seems to me that the "combine all" instructions suggest they are a source of income or loss from the PTP. Now it talks elsewhere about tracking unallowed losses by specific categories, I suppose this all ties together some way.
