Did you see any questions about depreciation recapture for the conversion of these assets? Assets converted to personal use are treated differently than assets that are sold or abandoned.
The ordinary income on Form 1065 may be recapture income for the accumulated depreciation when you convert the vehicle to personal use.
The loss allocated on Schedules K would need some research to identify. What creates the loss? Have you identified each line number amount?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
