Yes you subtract Other Property Distributions and your Cost Basis will EQUAL my Sales Proceeds and you will have a zero Capital Gain/Loss.
See IRS Determination of Basis of Partnership Interest:
Page 6: Capital Account Overview / Partner’s Outside Basis:
Conversely, a partnership’s distribution of cash or property to the partner decreases his capital account.
Page 7:The follow items decrease outside basis:
§ Distributions of money (including a decreased share of partnership liabilities or an assumption of the partner's individual liabilities by the partnership) and property distributed to the partner by the partnership. IRC 733 and IRC 732
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