Question: Paula's Schedule K-1 from an LLC reported a $12,000 share of ordinary loss and a $1,900 share of capital loss. Paula's adjusted basis in her

Paula's Schedule K-1 from an LLC reported a $12,000 share of ordinary loss and a $1,900 share of capital loss. Paula's adjusted basis in her LLC interest before consideration of these losses was $6,200.
Identify the tax issue or issues suggested by the following situations and state each issue in the form of a question.

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