2 / Loss that can be deducted in year 2 000 900 in pre stre Link pumpated in the rental of commercial property, and Link was a passive investor in a cattle breeding business operated Oh January 1. year 2, two individual taxpayers, Burke und Link, cach invested in a business activity. Burke actively as a limited partnership. Both activities sustained losses in year 2. The exhibit above relates to each activity for Burke and Modified adjusted gross income - married filing jointly Investor share of activity loss Investor share of non-recourse debt at December 31, year 2 Investor share of recourse debt at December 31, year 2 Passive income from other sources For each item requested in column A of the table below, enter the amounts in the associated cells in columns B and C for Year 2 information Burke 50% $10,000 110,000 35,000 50,000 45,000 0 re ownership in the activity Cash investments he Link 107, $60,000 175,000 50.000 40,000 0 5,000 Bourke and Link. Enter all responses as positive values. If a response is zero, enter a zero (0) Link Item Burke Amount at risk in measuring loss limitation before year 2 loss 1 3 Amount at risk at December 31, year 2 Suspended passive loss at December 31, year 2 2 / Loss that can be deducted in year 2 000 900 in pre stre Link pumpated in the rental of commercial property, and Link was a passive investor in a cattle breeding business operated Oh January 1. year 2, two individual taxpayers, Burke und Link, cach invested in a business activity. Burke actively as a limited partnership. Both activities sustained losses in year 2. The exhibit above relates to each activity for Burke and Modified adjusted gross income - married filing jointly Investor share of activity loss Investor share of non-recourse debt at December 31, year 2 Investor share of recourse debt at December 31, year 2 Passive income from other sources For each item requested in column A of the table below, enter the amounts in the associated cells in columns B and C for Year 2 information Burke 50% $10,000 110,000 35,000 50,000 45,000 0 re ownership in the activity Cash investments he Link 107, $60,000 175,000 50.000 40,000 0 5,000 Bourke and Link. Enter all responses as positive values. If a response is zero, enter a zero (0) Link Item Burke Amount at risk in measuring loss limitation before year 2 loss 1 3 Amount at risk at December 31, year 2 Suspended passive loss at December 31, year 2