Research Problem 5. Oil and gas ventures operating as publicly traded partnerships typically attract sophisticated investors who
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Research Problem 5. Oil and gas ventures operating as publicly traded partnerships typically attract sophisticated investors who purchase limited partnership interests. Investments in these types of publicly traded partnerships are subject to a restrictive set of passive loss rules. Identify three oil and gas publicly traded partnerships that are currently marketed to new investors, describe the benefits the promoters claim will result from such investments, and briefly review the basic nature of the unique passive loss restrictions placed on such investments.
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Related Book For
South-Western Federal Taxation 2014 Corporations Partnerships Estates And Trusts
ISBN: 9781285424484
37th Edition
Authors: William H. Hoffman Jr., William A. Raabe, James E. Smith, David M. Maloney, James C. Young
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