schedule k-1 assets

[Draper55]

client's plan receives a k-1 for investments in an lp and

an llc.

does the schedule i 3a question on partnership

interests include all investments reporting on a k-1

regardless of entity type?

for the schedule i 20% investment question is the

k-1 reported capital interest considered a single security? I

would think yes....

lastly, the fact that the investments are shown on a brokerage statement

is not material as to either the exemption from the audit requirement

or the ability to do a 5500sf filing....correct??