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How much of the loss from c and c may cassandra deduct

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Problem 1: Cassandra is a 10% limited partner in C&C, Ltd. Her basis in the partnership is $80,000 $45,000 $30,000 andshe has an at risk investment of . She also has a passive income from another investment of. Cassandra allocated share of C & C loss for the year is $120,000. How much of the loss from C&C may Cassandra deduct?

Reference no: EM132956103

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