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Assume that rental income from the property,F of $150,0' equals operating expenses {including interest on the nonrecourse debt) of $15D,U. Determine the allocation of the

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Assume that rental income from the property,F of $150,0' equals operating expenses {including interest on the nonrecourse debt) of $15D,U. Determine the allocation of the partnership's cost recovery deductions in each of the first three years of operations and determine the partners' capital accounts at the end of each year. Same as (a), above, except the partnership agreement provides that L will be allocated 99% and G 1% of all the partnership's cost recovery deductions. Same as [a], above, except that the partnership agreement provides that L will be allocated F094: and G 30% of all the partnership nonrecourse deductions

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