In a Syndication,when Cash Is Distributed from an Investor's Partnership

question 17

Multiple Choice

In a syndication,when cash is distributed from an investor's partnership basis how is the new basis calculated?

• A)The cash distribution is added to the investor's capital gain
• B)The cash distribution is subtracted from the investor's capital gain
• C)The cash distribution is added to the investor's partnership basis
• D)The cash distribution is subtracted from the investor's partnership basis