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WHICH PERSON WOULD GENERLLY BE TREATED AS A MATERIAL PARTICIPANT IN AN ACTIVITY? Multiple choice 1. A participant in a rental activity. 2. A limited

WHICH PERSON WOULD GENERLLY BE TREATED AS A MATERIAL PARTICIPANT IN AN ACTIVITY?

Multiple choice

1. A participant in a rental activity.

2. A limited partner.

3. A LLC member not involved with management of the LLC.

4. A general partner.

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