K-1 TT questions

[wet3d]

while working through the TT K-1 questions:

1. can I assume any ETP is a publicly traded partnership

2. if I sold all of my shares of an ETP, can I assume that I ended my partnership in the ETP?

[VincentL12345]

Exchange-traded products (ETP) are types of securities that track underlying security, index, or financial instrument.

A publicly traded partnership (PTP) is a business organization owned by two or more co-owners whose shares are regularly traded on an established securities market. 

From what you have provided, I would assume a PTP is a publicly traded partnership. Since you sold all of my shares of an PTP, you have ended your limited partnership role in the PTP.

[Mike9241]

if you got a K-1 look at Part 1 item D. It will be checked if a PTP.