Business
Business, 24.06.2020 21:01, BUBBA5990

Joe invested $13,000 in the XYZ Limited Partnership and received a 10 percent interest in the partnership. The partnership had $36,000 of qualified nonrecourse debt and $36,000 of debt Joe is not responsible to repay because she is a limited partner. Joe is allocated a 10 percent share of both types of debt, resulting in a tax basis of $20,200 and an at-risk amount of $16,600. During the year, XYZ LP generated a ($202,000) loss. How much of Joe's loss is disallowed due to his tax basis or at-risk amount

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 01:50, Kana81
You are an employee of an u. s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u. s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u. s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?
Answers: 3
image
Business, 22.06.2019 07:30, QueenNerdy889
1  2  3  4  5  6  7  8  9  10time remaining59: 30in  the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
image
Business, 22.06.2019 10:40, emojigirl5754
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
image
Business, 22.06.2019 20:00, javonteoshamccaliste
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
Do you know the correct answer?
Joe invested $13,000 in the XYZ Limited Partnership and received a 10 percent interest in the partne...

Questions in other subjects:

Konu
English, 09.12.2020 23:50
Konu
Mathematics, 09.12.2020 23:50