Posts Tagged ‘contribution’
How can I increase basis in a partnership without making a capital contribution?
Would it be possible to loan money to the partnership through an entity which I control and personally guarantee that debt and then pay back the loan after the first of the year? Are there adverse consequences to doing that? I am fairly certain that the losses allocated to me will exceed my basis and I wanted to figure out a way to take advantage of this (legally) without putting more money into the partnership on a long term basis.
