Or, does the LLC have any debt for which he is personally liable? I'm trying to determine if he has what's called at risk basis. Without that, he can't utilize the losses and they have to be carried forward.
This message has been modified
Originally posted on Mar 30, 2020 at 8:54:34am
Message modified by Cougarmayn on Mar 30, 2020 at 8:55:05am