Recourse Debts Archives

Knott Learning

Recourse vs Nonrecourse Partnership Debts – What Are the Differences?

Partnership debts are allocated to partners in three separate categories: recourse debt, nonrecourse debt, and qualified nonrecourse debt. This article and video tutorial discuss some of the differences and tax rules.

Jason Knott2024-07-12T07:03:23+00:00Tags: Form 1065, Nonrecourse Debts, Partnership Basis, Recourse Debts, Schedule K-1|

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