the answer seems to be here though it is not obvious: <a rel="nofollow" target="_blank" href="https://www.taxlawforchb.com/2017/09/liquidating-a-partnership-int...

-----------------------------------------------------------------------------------I think I understand, maybe, 731 (a) seems to indicates gains is money distri...

Thanks for the information.one thing the ruling doesn't seem to cover is when the partnership has recourse or non-recourse outstanding. a) Would non-recourse tr...