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Business, 25.12.2019 02:31 cindykulei3719

Sue invested $13,500 in the abc limited partnership and received a 10 percent interest in the partnership. the partnership had $37,000 of qualified nonrecourse debt and $37,000 of debt sue is not responsible to repay because she is a limited partner. sue is allocated a 10 percent share of both types of debt, resulting in a tax basis of $20,900 and an at-risk amount of $17,200. during the year, abc lp generated a ($209,000) loss. how much of sue's loss is disallowed due to her tax basis or at-risk amount?

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