The document discusses the tax implications and considerations for Limited Partners in the sale of interests in a fund managed by DF Enterprises. It covers capital gains, tax basis adjustments, and limitations on the deductibility of interest expenses. The document also outlines the conditions under which the Access Fund would terminate for U.S. federal income tax purposes and the potential impact of Section 754 elections on tax basis adjustments.
doj/DataSet10/EFTA01394152.pdf
{"key_people":["General Partner"],"document_type":"financial","document_subtype":"investment document","key_organizations":["DF Enterprises","Access Fund"]}