subject
Business, 05.05.2020 04:22 anthony4034

John, a limited partner of Candy Apple, LP, is allocated $36,500 of ordinary business loss from the partnership. Before the loss allocation, his tax basis is $26,500 and his at-risk amount is $16,500. John also has ordinary business income of $26,500 from Sweet Pea, LP, as a general partner and ordinary business income of $9,100 from Red Tomato as a limited partner. How much of the $36,500 loss from Candy Apple can John deduct currently

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:40
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 3
question
Business, 22.06.2019 20:40
David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.
Answers: 1
question
Business, 23.06.2019 00:10
Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to:
Answers: 2
question
Business, 23.06.2019 04:00
The servers at gerry frasier's busy ice cream shop decided that putting more ice cream in the sundaes and cones would bring back more customers. after three months, gerry was surprised to discover that his profit had
Answers: 1
You know the right answer?
John, a limited partner of Candy Apple, LP, is allocated $36,500 of ordinary business loss from the...
Questions
question
Mathematics, 04.06.2021 21:10
question
Mathematics, 04.06.2021 21:10
question
History, 04.06.2021 21:10
question
Mathematics, 04.06.2021 21:10
question
Biology, 04.06.2021 21:10
Questions on the website: 13722360