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posted Jun 1, 2019 1:29:42 AM

Entering my k1 to my taxes, trying to figure out . if my envestment losses are at risk

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1 Best answer
Expert Alumni
Jun 1, 2019 1:29:44 AM

Yes, most likely your investment IS at risk - it means you invested your money, loans, property in your trade/investments and you are responsible for their loss. 

You would not be at risk if you had not been responsible for the loss of your loans for example. Let's say you took out a nonrecourse loan - it means you don't have to pay it back if you default on it... that would make you NOT at risk for that amount.

1 Replies
Expert Alumni
Jun 1, 2019 1:29:44 AM

Yes, most likely your investment IS at risk - it means you invested your money, loans, property in your trade/investments and you are responsible for their loss. 

You would not be at risk if you had not been responsible for the loss of your loans for example. Let's say you took out a nonrecourse loan - it means you don't have to pay it back if you default on it... that would make you NOT at risk for that amount.