INVESTOR RELATIONS

What is Cancellation of Debt Income?

Q:

What is Cancellation of Debt Income?

A:

Schedule K-1 Box 11E: Cancellation of Debt Income (CODI). This amount represents your share of the Partnership's CODI. If you do not materially participate in the Partnership activities, generally the CODI will be treated as taxable passive income. Because the tax treatment of CODI can vary depending on a unitholder's specific tax circumstances, please consult your tax advisor regarding your specific situation.

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