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Author Question: Limited partners may contribute only cash as their capital contributions. Indicate whether the ... (Read 85 times)

sjones

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on: Jun 24, 2018
Limited partners may contribute only cash as their capital contributions.
  Indicate whether the statement is true or false

Question 2

B is debating purchasing a small duplex for rental purposes. Explain to B associated tax benefits.


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wfdfwc23

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

Deductions - interest, taxes, maintenance and repair, ACRS depreciation and capital gain treatment on sale


sjones

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

mjenn52

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Reply 3 on: Yesterday
Excellent

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