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6. (TCO D) Potential disadvantages of the limited partnership include:(Points : 5) losses for all limited partners, without exception, are treated as passive in nature
6.(TCO D) Potential disadvantages of the limited partnership include:(Points : 5)
losses for all limited partners, without exception, are treated as passive in nature
losses in excess of $25,000 in any one taxable year are treated as passive in nature
losses are treated as passive in nature, if the partner's gross income exceeds $125,000
losses are treated as passive, as the partner's gross income moves from $100,000 to $125,000
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