Hello - had to get back to you to let you know I read your post incorrectly regarding the "informational statement." I thought "they" were advising you to include an informational statement with your tax return - "we are required to attach an information statement to the K-1. I realize now that they were providing you with what they had to do, not what we had to do. Hope that makes sense. I am still perplexed, however, about how to record the Built-in Gain/Loss in the spreadsheet I keep to track basis adjustments.
