What does recourse mean on a k1?

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Tags

  1. #liability
  2. #respect
  3. #which
  4. #recourse
  5. #receive
  6. #partnership
  7. #economic
  8. #those
  9. #interest
  10. #reported
  11. #activity
  12. #liabilities
  13. #bears
  14. #partner
  15. #share