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Recourse Debt

Tuesday, February 11, 2025 by Nick Aiola
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Recourse Debt is a loan where the lender can pursue the borrower’s other assets beyond the collateral property if the loan defaults.

Related Terms

  • Nonrecourse Debt
  • At-Risk Rules
  • Passive Activity Loss Rules
  • Back to Glossary Index

About Nick Aiola

Nick Aiola is the CEO of Aiola CPA, PLLC - a 100% virtual CPA firm, specializing in tax planning and preparation for real estate investors.
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