If a Partnership Allocates Losses to the Partners, the Partners

question 194

True/False

If a partnership allocates losses to the partners, the partners first applies the passive loss limitations, then the basis limitation, and finally the at-risk limitations. If all three hurdles are met, a partner may deduct the loss.

---

Definitions:

Dyspareunia

A medical term for painful intercourse, which can have both physical and psychological causes.

Risks Sexual Behaviors

Behaviors that increase the likelihood of contracting sexually transmitted infections or leading to unwanted pregnancies.

Alcohol Use

The consumption of beverages containing ethanol, which can range from moderate drinking to alcohol abuse and dependency.

Sexual Activity

Behaviors involving sexual intimacy or actions intended to arouse sexual interest or pleasure.