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In a limited partnership, when cash is distributed from an investor's partnership basis, how is the new basis of capital accountcalculated? the cash distribution is
In a limited partnership, when cash is distributed from an investor's partnership basis, how is the new basis of capital accountcalculated?
- the cash distribution is added to the investor's capital gain
- the cash distribution is subtracted from the investor's capital gain
- the cash distribution is added to the investors partnership basis
- the cash distribution is subtracted from the investors partnership basis
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