Which of the following is not considered in computing the, Ask an Expert

Accounting

Which of the following is not considered in computing the taxpayer's amount at-risk with respect to a particular activity?

a. Money contributed to the activity

b. Adjusted basis of property contributed to the activity

c. Amounts borrowed where the taxpayer is personally liable

d. Loans where the property is used as collateral for the loan

e. All of the above qualify as amounts at-risk

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942790

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