Important opportunity for real estate entities.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on February 1, 1996. The length of the article is 635 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Real estate concerns currently being formed as partnerships should make sure to grant general partners the authority to elect to be treated as partnerships under federal income tax law in anticipation of IRS regulations allowing entity status elections. The IRS stated in Notice 95-14 that it is considering allowing unincorporated entities to elect whether to be treated as corporations or partnerships for tax purposes. The change is being considered in light of the rise of limited liability company laws which allow businesses to qualify for pass-through taxation.

Citation Details
Title: Important opportunity for real estate entities.
Author: Dick Morisky
Publication:The Tax Adviser (Magazine/Journal)
Date: February 1, 1996
Publisher: American Institute of CPA's
Volume: 27 Issue: n2 Page: 81(2)

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