Publicly offered partnership interests are:
A) generally tax shelters for the original purchasers during the early years of ownership.
B) of vital interest to persons hoping to actively manage a business.
C) the primary method of creating general partnerships.
D) generally unattractive to investors in the early years of ownership.

Question

Quizplus · Accepted Answer

Publicly offered partnership interests generally are designed to serve as tax shelters for the original purchasers during the early years of ownership and are generally unattractive to investors during their later years.

Publicly Offered Partnership Interests Are