at risk rule
Definition
Provision in some tax laws that limits the deductions allowed for losses incurred by investors in limited-partnerships (commonly formed for real-estate development, oil or gas exploration, and movie production). It allows deduction on losses incurred only on the debt for which the claimant is personally responsible, and on the cash invested by him or her.
News containing the term at risk rule
Loading...
http://www.businessdictionary.com/definition/at-risk-rule.html
