I sold "all" of my ETE MLP units in June 2011. I received two 2011 distributions prior to selling. Two months later, I bought a larger number of ETE units and received the two latter 2011 distributions.
All along, I accounted and filed three separate K-1s: ETE (via ETE); ETP (via ETE); RGP (via ETE).
Since I sold mid year, can I release all passive activity losses (PALs) accrued through CY 2010 ?
There is only one Sale Schedule for ETE.
Do I sum the respecive PALs of : ETE (via ETE), ETP (via ETE) and RGP (via ETE) , line by line (from 2010 Return forms/worksheets kept by TTax), and transfer over to 2011 ETE for "2011 release" ?
Or do I include two additional sales for ETP (via ETE) and RGP (via ETE) without cost basis and sale price?
I also sold all units of another MLP after receiving all four distributions (late Nov) and bought a higher number of units (but at a lower unit price) in late Dec 2011. Can I release all of its passive losses through CY 2011 ?
I appreciate your help. TIA