1065 Technical Termination

[jasdlm]

Clients owned a partnership that sold on 12/31/2010 (LLC - buyer purchased all membership interests). Buyer has assigned a number to equipment based on walking through the business and making a list (desks, computers, chairs - no real estate or property longer than 7 year life). I am trying to do the asset disposition on the 1065 because of the technical termination. The number on the buyer's 8594 is completely unrelated to the depreciation schedule on the 1065. If I take their number and subtract my current book value of the assets, I come up with a gain of $78,351. However, I have no idea how to go about allocating the amount among the assets. They don't even have all the assets listed that I have on the 1065.

Also, I know that I also have to submit an 8594, and that my numbers should basically match the buyer's numbers. ???

In over my head.

Thanks in advance for any guidance.