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Thanks for the input, but I had already researched that and was not looking for tax advise. This step up is computed at the partner level and reported as Line 1...
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2 separate Sect 754 adjustments on this Partnership. #2 partner purchased interest. #1 partner inherited her interest from husband when he passed. On Asset Entr...
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No, it's 39 yr Commercial real estate
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Does anyone know how to get ProSeries to include a Sect 754 asset in UBIA? I've had to manually override the Partners K-1 info, but ProSeries will not allow me ...
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I called this in to Tech Support over a month ago and it's still not fixed. How on earth should this be coming up on the returns of clients who have not had dep...
