sue invested $7,000 in the abc limited partnership and received a 10 percent interest in the partnership. the partnership had $24,000 of qualified nonrecourse debt and $24,000 of debt she is not responsible to repay because she is a limited partner. sue is allocated a 10 percent share of both types of debt resulting in a tax basis of $11,800 and an at risk amount of $9,400. during the year, abc lp generated a ($118,000) loss. how much of sue's loss is disallowed due to her tax basis or at-risk amount?
