How much of a pass-through loss will be disallowed

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Reference no: EM133354107

Question: Assume the same facts as above with the following modifications: a. ABC Partnership is a condo developer b. A's share of partnership liability is " 465 (b) (6) debt " c. A participates in the business on a Full time basis

1. How much of A's pass-through loss will be disallowed under IRC Sec. 704 (d) ?

2. How much of the pass-through loss shall be further disallowed under IRC Sec. 465 ?

3. Will A have a further disallowance under 469 ? If so, how much more ?

Reference no: EM133354107

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