A partnership can elect to amortize organization and start-up costs; however, syndication costs are not deductible.

Name: A partnership can elect to amortize organization and start-up costs; however, syndication costs are not deductible.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Partnership can elect to amortize organization and start-up costs over a period of 180 months. However, syndication costs, which are costs incurred to raise capital from investors, are not deductible and cannot be amortized.

A Partnership Can Elect to Amortize Organization and Start-Up Costs;