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Doesn't that flow through to all partners? I need to make changes to the basis of only the partners that sold part of their interest and to the new partner.
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New partner bought partnership interest from other partners. He now owns 10% and they each own less than original. So their inside basis needs to be adjusted.
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Can't figure out why amounts entered in the K-1 wks on the "other adjustments" lines under Capital and Basis don't flow to the K-1's?
