Which of the following decreases a taxpayers at risk amount: A) Cash and the adjusted basis of
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Question:
Which of the following decreases a taxpayers at risk amount:
A) Cash and the adjusted basis of property contributed to the activity
B) Amounts borrowed for use in the activity for which the taxpayer is personally liable or has pledged as security property not used in the activity
C) Taxpayers share of amounts borrowed for use in the activity that is qualified nonrecourse financing
D) Taxpayers share of the activity's loss
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