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2 0 . Brad is a 4 0 % member in the BB LLC . At the beginning of the tax year, his outside basis
Brad is a member in the BB LLC At the beginning of the tax year, his outside basis equaled $ including his share of the LLCs debts. The total nonrecourse LLC debt for the prior year totaled $ During the current year, BB reported net ordinary income of $ and nondeductible expenses of $ There were no distributions during the year. At the end of the year, LLC nonrecourse debt totaled $ What is Brads basis in his LLC interest outside basis at the end of the year?
a $
b $
c $
d $
e $
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