Question

Dolores is a limited partner in the Houston Hopes partnership. This year, she was forced under the terms of the agreement to make a $ 50,000 contribution to capital because the general partners were unable to meet the entity’s operating expenses. Dolores’s basis in the partnership prior to the contribution was $ 40,000, but her at-risk amount was zero because of her limited-partner status and her prior-year pass-through losses. What is her at-risk amount after the $ 50,000 cash call?


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  • CreatedOctober 30, 2015
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