Question 3 (14 points) Select all correct answer choices: Which of the following statements is false? A partners holding period for their partnership interest include the period the partner held any tangible personal property that was contributed in exchange for the interest. Debt incurred at the partnership level does not affect any partners tax basis or capital accounts. A loan is considered a recourse loan to the extent that a partne bears the economic risk of loss A partnership interest is a capital asset Question 3 (14 points) Select all correct answer choices: Which of the following statements is false? A partners holding period for their partnership interest includes the period the partner held any tangible personal property that was contributed in exchange for the interest. Debt incurred at the partnership level does not affect any partners tax basis or capital accounts. A loan is considered a recourse loan to the extent that a partner bears the economic risk of loss