About StephenC

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Solved Re: Outside cost basis and Capital Gain as a LP

I used Perplexity and Gemini AI and I received 2 different answers which is also different from Ricks. This is why I am confused about debt relief when it is a ...

StephenC

Updated May 25, 2025
Solved Re: Outside cost basis and Capital Gain as a LP

Thanks Rick for responding.The debt relief of -$28,763 should that be added to my distribution because it exceeds my remaining outside basis?Cost Bases = 0Sales...

StephenC

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Updated May 25, 2025

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Date Registered	‎March 28, 2020 7:01 AM
Date Last Visited	6 hours ago
Total Messages Posted	3

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