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Thank you.

However, I did not see your answer for the following question:

How do I figure out the Ordinary Gain or 1250 Gain? My K-1 does not mention anything about 1250 gain, so can I assume I don't have this? 

The K-1 Footnotes lists an amount for Interest Income, and long term capital loss - which have a total net income loss. Do I use this as Ordinary Gain?