Question: Enter problem statement, appropriate input type, and other instructions hero. XYZ is a limited partnership Josie is the general partner and has a 60 %
Enter problem statement, appropriate input type, and other instructions hero. XYZ is a limited partnership Josie is the general partner and has a 60 % interest in partnership capital and profits. Eva is the limited partner and has a 40 % interest in capitaland profits XYZ borrows $100.000 on a recourse basis What is the impact of XYZ's borrowing on the tax basisschpartner has in their partnership Interests? OA Nother partners basis changes as a result of the borrowing OB Josie's bous increases by $100.000 Eva's basis is unchanged OC. Jose's basis increases by 500,000. Eva's bei unchanged OO. Josie's bonis increases by 560,000: Eve's basis increases by 540.000
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