My client is a partner in a law firm.  He has UPE that is not reported through the K-1 (for purposes of this question, please assume the UPE is allowed by the partnership agreement etc).  When I enter the UPE on Lacerte screen 20.1, the UPE shows up as expected on Schedule E.  But it also reduces the partner's basis.  I thought that UPE was not supposed to affect basis.  If this is the case, do I also need to make an offsetting adjustment as Other Current Year Increase to Basis in the basis limitation section of the screen?  Thank you in advance.