Ryan is a 30 percent general partner in ABC Partnership His basis in his partnership interest at the beginning of the year was $40,000 During the year, the partnership reported a $30,000 loss and pai...

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Ryan is a 30 percent general partner in ABC Partnership His basis in his partnership interest at the beginning of the year was $40,000 During the year, the partnership reported a $30,000 loss and paid off a $120,000 recourse debt What is Ryan 's year end basis in his partnership interest a $0 b $4,...

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Ryan is a 30 percent general partner in ABC Partnership. His basis in his partnership interest at

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Ryan is a 30 percent general partner in ABC Partnership. His basis in his partnership interest at

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