Abigail was an original investor in, and owns a 25% interest in, Decorate Your Dream LLC, a
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Abigail was an original investor in, and owns a 25% interest in, Decorate Your Dream LLC, a home decorating company. Abigail paid $50,000 for her interest. This year, Decorate Your Dream did very well and had a profit of $100,000. However, no distributions were made. What is Abigails basis in her interest in Decorate Your Dream at the end of this year?
$25,000
$50,000
$75,000
$100,000
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