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Calculate the amount that Van has at risk in the LLC

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Reference no: EM132677125

Problem - Van makes an investment in an LLC in 2019. Van's capital contributions to the LLC consist of $30,000 cash and a building with an adjusted basis of $70,000, subject to a nonrecourse liability (seller financing) of $20,000. Calculate the amount that Van has at risk in the LLC immediately after making the capital contributions.

Reference no: EM132677125

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