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LODMELL & LODMELL

Many investors are surprised to learn that losses from a limited partnership do not always provide an immediate tax benefit. In most cases, those losses are classified as passive and are limited in how they can…

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When most people think about partnerships, they assume one simple rule:“If I own 50%, I get 50% of the money.”That assumption is exactly what makes most structures vulnerable.Your Asset Management Limited Partnership (AMLP) was intentionally designed…

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