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Investors & landlords
section 1031 no longer applies to these types of transactions making them fully taxable as if it was a sale. Codi in the final K-1 package should have provided forms that allow you to compute capital gains and any ordinary income resulting from transaction. sales price would have been based on the FMV of what you got in the exchange and probably shows up on form 1099-B
if you didn't get the k-1 package then you could have taken it upon yourself to search the company's website to get the info
here are the links
https://www.taxpackagesupport.com/compassdiversified
https://ir.compassdiversified.com/Tax-Information/2021-Tax-Reporting-Information/
March 11, 2022
6:17 PM