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    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.

    #2
    Originally posted by natiro View Post
    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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