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Sale of rental property in K1
I share a partnership with my family for a rental property in Vail, CO. In 2019, we sold the property, however, the partnership is still in tact. Does this mean I need to check the box that says "Disposed of a portion of my interest in partnership in 2019"? It's not clear to me if this means I sold my portion of the partnership or that I sold an asset within the partnership. Thank you for a prompt response.
‎July 14, 2020
3:04 PM