3 DPP 3 Flashcards by Brandy S

Q

depreciation recapture

tax difference between

A

accelerated depreciation

and

stright line depreciation

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Q

rate of return

determined by

A

present value &

internal rate of return

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Q

LP have no liability for

non recourse loans

except in

A

realestate partnerships

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Q

cert amendments

filed by GP w/in ? days of change?

A

30 days

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Q

non leveraged DPP risks

A

liquidity

mgmt

legislative

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Q

LP sales

gain/loss determed by comparing

A

sales proceeds vsadjusted basis

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Q

LP Private Placement covered by

A

Reg D

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Q

Reg D

when do financial standards need to be met in sales

A

when sold to > 35 peps

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Q

Publicly Traded DPP

governed by

A

FINRA

Securities Act 1933

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