IRonMaN
Level 15

Delete the junk assets, add up the totals and then create a new asset.  Then sell it like you did the others.

The equipment that he kept just gets treated as a partner distribution but I'm guessing the basis in it is zero by now, so his basis is zero in the event that he ever sells it somewhere down the road.


Slava Ukraini!

View solution in original post

0 Cheers