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Partnerships are referred to as flow-through entities. What does that mean for the entity and its owners? Are there other flow-through entities besides partnerships? Is

Partnerships are referred to as flow-through entities.

  1. What does that mean for the entity and its owners?
  2. Are there other flow-through entities besides partnerships?
  3. Is there an advantage to being an owner of a flow-through entity? Any disadvantages?

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