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Premier Partners, a property management business, incurred the following expenses during the year. Which of these should be reported as a trade or business activity

Premier Partners, a property management business, incurred the following expenses during the year. Which of these should be reported as a trade or business activity deduction on Form 1065, U.S. Return of Partnership Income? Charitable contributions made to a qualifying nonprofit. Contributions made to a partner's retirement plan. Guaranteed payments to partners. Penalties assessed for violating local housing codes

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