Investors & landlords

That's the point - it was not a loss at final disposition, but one which occurred gradually over the 10+ years I was in the partnership. I received tax advantage from the losses they did report, but not for an equal amount of decline that occurred gradually over the years. It is a failing of the K-1s or how they were reported that causes it to be treated as Capital gains.

I know I am right about this - I just can't find how to have TTax treat it as the ordinary loss it was.