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a partnership reported 74000 ordinary loss and a 28000 increase in recourse liabilities for which the partners are liable. Ashley is a 50% partner and
a partnership reported 74000 ordinary loss and a 28000 increase in recourse liabilities for which the partners are liable. Ashley is a 50% partner and had an adjusted basis of 15000 at the beginning of the year what is Ashley's allowable loss and her adjusted basis in the partnership at end of year?
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