Unreimbursed partnership expenses

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  • natiro
    Senior Member
    • Jun 2005
    • 152
    #1

    Unreimbursed partnership expenses

    Assuming that it's appropriate to report unreimbursed partnership expenses on Sch E, page 2, do those expenses affect basis in the partnership?

    Thanks to all.
    Tags: None
    • ChEAr$
      Senior Member
      • Dec 2005
      • 3872
      #2
      Originally posted by natiro
      Assuming that it's appropriate to report unreimbursed partnership expenses on Sch E, page 2, do those expenses affect basis in the partnership?

      Thanks to all.
      Not really, since they just simply wash out.
      ChEAr$,
      Harlan Lunsford, EA n LA

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