@gbern.Thank you for posting this explanation.Back to your question above regarding "is this reportable on 2018 taxes or is this to be used when sold in future"...

@nexchap Thank you for reviewing the question and your suggestions.

The built-in gain box is checked "Yes" in Part II of the new ET Schedule K-1. Also, there is a separate statement in the K-1 package that lists FMV of ETP units...

Thank you for the great explanation above regarding the K-1s for ET & ETP.I hada similar concerns and this will help in entering the information.Question:The ET...