What amount, if any, of the $100,000 loss can be passed through from Entity to Owner for the taxable year? All facts are as described above, except as stated below for particular questions, i.e., #1, #2, or #3.

2. Entity is a general partnership, and Owner is a general partner with a 50% interest in the general partnership. Owner obtained her partnership interest by contributing $50,000 to the partnership (Entity). Owners loan to Entity is a recourse loan, which means the other general partner (Scott) is liable to Owner for the repayment of Scotts share of the loan proceeds ($15,000) if Entity does not do so.