Which of the following is not a partnership for tax purposes? a. Willis and James purchase and
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Which of the following is not a partnership for tax purposes?
a. Willis and James purchase and operate a shoe store.
b. Sharon and Gary operate an accounting practice together.
c. Lillian and Don purchase real estate together as an investment, not as a business.
d. Carlos and Michael purchase and operate a hardware store.
e. All of the above are partnerships.
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Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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