The tax implications depend a great deal on the ending capital account that is reflected on the K-1. If the capital account is negative, then there is recapture tax associated with a sale. In most circumstances, we can provide an amount in terms of an offering price that will more than cover these associated taxes. If the capital account is positive, it is possible that the transaction could be tax free. We have a great deal of experience in these types of transactions and can provide an opinion on the taxes associated with the potential selling of an interest. We do, however, encourage all potential sellers to consult with their personal tax advisors. Likewise, we are always happy to discuss any potential offers with tax advisors directly.