Thanks.

I finally found that information after spending a lot of time looking.

Also, if Sec. 754 is not elected then I understand the difference between the amount paid by the purchasing partners vs. the departing partner's ending capital balance is entered as "Other adjustments" in the Basis column only for each remaining partner's Sch K-1 Wks. This basically gives the remaining members additional basis but no credit for additional capital.

Is this correct?

Thanks.