Took me awhile to get familar with the reg.s of IRC Section 743(b), but thereafter the vast majority of your reponses were dead on 😉 .
However, I needed to use 'Secial Allocations' in TT to properly divided the income, expenses, royalties, etc between the various members of the LLC (the default division of schedule K info to the members K-1's didn't work, even with using the DOD of member #1 in the "Addl K-1 Info" Worksheet).
