@Rick19744 I appreciate your explanation and help adjusting my calculations, very helpful. It's definitely tough (for me at least, software development type) to understand when those worksheet fields should come into play for the basis calc and not.
It seems all the k1 statements for these types of real estate investments should end up having a 0 sale price and 0 basis (past capital contributions show the end at 0). Most of the sales and distributions happen the year prior to the final k1 statement.
Not sure if it matters if sale price is entered from box 19 or not. I have been filling out the box 19 in the k1 statement form, which adjusts the tax owed amount. Entering in both places seems to cause it to be taxed twice (possibly end up in two locations on my return).
Thanks for your help and tax enlightenment.
