This document discusses the tax implications and regulations related to the sale of interests in a limited partnership, specifically focusing on capital gains, tax basis adjustments, and limitations on the deductibility of interest expenses. It outlines the conditions under which a partnership may terminate for tax purposes and the potential impact of Section 754 elections on tax basis adjustments.
doj/DataSet10/EFTA01392017.pdf
{"key_people":["Glenn Warren"],"document_type":"financial","document_subtype":"investment document","key_organizations":["Access Fund"]}