What are hot assets, and how do they affect the consequences of a partnership distribution?
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What are “hot” assets, and how do they affect the consequences of a partnership distribution?
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Hot assets refer to certain types of assets within a partnership that can trigger adverse tax conseq...View the full answer
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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