One possibilty is that you have suspended loss carryovers from a previous year or a passive loss from the current year. The sale of 1231 property (real estate or business property) can result in those suspended losses being allowed in the current year. So, after you enter the proceeds from the sale of section 1231 assets, the suspended losses are allowed and if they are more than the gain reported your income will decrease.
You would need to look on your schedule E, page two, before and after you enter the sale on your K-1 entry to see if a loss pops up when you make the entry.
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