- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
They are cash contributions which increase that partner's basis and the reimbursements decrease their basis back to where it was. That is the correct and common way to handle those things. It also helps to track in case it is several years before the contributed capital can be returned to the partner.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 25, 2025
12:07 PM