- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
since no gain or loss was reported on the retraction(?), your basis is what you paid PLUS income reported on all the k-1s you got LESS losses, deductions and distributions on those same K-1s. However, it's unclear what you mean by retraction. so, your basis in 2009 is probably not correct for determining gain or loss.
‎April 25, 2025
11:47 AM