- What hurdles (or limitations) must partners overcome before they can ultimately deduct partnership losses on their tax returns?
- How do partners determine whether they are passive participants in partnerships when applying the passive loss limitation rules
Note: Please post what you view as the appropriate responses to the above prompts. Your initial post should be 250-300 words. Please provide response with a clear, well-formulated thesis; sentence structure, grammar, punctuation, and spelling count. Support ALL posts with appropriate rationale and citations from readings; document sources using APA format.