@DianeW777
Thank you. Yes I believe we don't own any interest in the PTP any longer since all the stocks were sold last year.
I called the them and they also confirmed this.
"I would expect the final K-1 to have a note regarding any Section 751. This would be your share of any ordinary income recapture on depreciation related to tangible assets. If you do have this information, your overall gain will not change, just the character and how to show this on the return."
On our Sales Schedule there is no section 751 or anything titled "gain subject to recapture as ordinary income" that I can see. Maybe because they are ETF's (exchange traded funds) ? ETF's wouldn't be considered tangible assets, I don't think?
