The document outlines various tax implications and limitations for non-corporate Limited Partners investing in the Access Fund. It discusses the treatment of investment income, the application of passive activity loss limitations, at-risk limitations, and the deductibility of fund expenses. Non-corporate Limited Partners are advised to consult tax advisors regarding these limitations, especially concerning investment interest and miscellaneous itemized investment expenses, which are non-deductible for certain years.
documents/EFTA01390786.pdf
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