Breitburn Energy Partners LP fka BBEPQ

[sunnystate]

a couple years ago, I bought BBPPQ but I didn't sell any of the unites when Breitburn filed bankruptcy. On my 2017 Breitburn K-1 net section 1231 loss and ordinary business loss. However, on my 2018 Breitburn revised K-1 net section 1231 huge gain, and hugh ordinary business income. It doesn't make any sense to me since Breitburn went bankrupt. How could Breitburn send me a positive business income and positive net section 1231 gain on my K-1? Can anyone explain it to me?