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I n Year 2 0 2 4 Rubio recently invested $ 2 0 , 0 0 0 ( t a x basis ) i n
Year Rubio recently invested $ basis purchasing a partnership interest which will have
management rights the company. His risk amount $ addition, Rublo's share the
partnership loss for the year $ his share income from a different iimited partnership $ and
has $ wage income and $ longterm capital gains.
How much Rubio's $ loss allowed considering only the taxbasis loss ilmitations?
How much Rubio's $ loss allowed under the risk
How much Rubio's $ loss from the partnership can deduct the current year considering all
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