Question: L is a partner with an outside basis = $30,000. The basis ismade up of a $10,000 contribution of cash and a $20,000 share ofthe

L is a partner with an outside basis = $30,000. The basis ismade up of a $10,000 contribution of cash and a $20,000 share ofthe partnershipâ??s nonrecourse financing. Lâ??s share of partnershiploss 1 answer

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