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What is each partner beginning at-risk amount in the venture

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Question - Cindy, Casey, and Kara each invested $39,500 in a real estate venture. The partnership borrowed $240,000 and purchased a warehouse for $358,500. The note was secured by the building; there was no personal recourse against the partners.

Required - What is each partner's beginning at-risk amount in the venture?

Reference no: EM133075801

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