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The major attractions of co-tenancy are: 1) its pride of personal ownership and freedom from personal income tax liability. 2) its ease of legal arrangements,

The major attractions of co-tenancy are:

1)

its pride of personal ownership and freedom from personal income tax liability.

2)

its ease of legal arrangements, and its status as a non-taxpaying entity.

3)

its limited liability and its ease of management.

4)

none of the above.

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