The document outlines the tax implications and conditions related to the sale of interests in Aspen Grove Capital, LLC. It discusses capital gains, tax basis adjustments, and limitations on the deductibility of interest expenses for non-corporate taxpayers. The document also mentions the conditions under which the Access Fund would terminate for U.S. federal income tax purposes and the potential election under Section 754 of the Code.
doj/DataSet10/EFTA01393318.pdf
{"key_people":["General Partner","Limited Partner"],"document_type":"financial","document_subtype":"investment agreement","key_organizations":["Aspen Grove Capital, LLC","Access Fund"],"reference_numbers":["GLDUS130"]}