Investors & landlords

Thank you for your reply!

Would you be able to help me figure out how to fill out this part of the form? You mentioned to out in a Sale price of 0, what about the other parts?

for the 1099-B I added in the correct dates for purchase and then I took the K-1 adjusted cost basis and added the ordinary income to that figure and then divided this across various transactions.  Is that accurate?

The idea being the ordinary income will be taxed as part of this K-1 interview and the capital gains will be taxed as part of the 1099-B?