anderebt af the end af the year is 1100000 . Then questionn ciccumstances sutyect to the Rastive Activity Loss Hules (Section 469 of the ifternal Revemie Code). Falae Trien QUESTION 9 enise's basis in her Partnership interest is 375,000 . If Denise receives a Cash distribution of 550,000 , her Precognized Gain is 50 and her basis in her vinership interest is reduced to $25,000, (Denise is stili a parther after the distribution). The False anderebt af the end af the year is 1100000 . Then questionn ciccumstances sutyect to the Rastive Activity Loss Hules (Section 469 of the ifternal Revemie Code). Falae Trien QUESTION 9 enise's basis in her Partnership interest is 375,000 . If Denise receives a Cash distribution of 550,000 , her Precognized Gain is 50 and her basis in her vinership interest is reduced to $25,000, (Denise is stili a parther after the distribution). The False