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New Member
posted Jun 4, 2019 7:48:43 PM

Working on a k1 that ask is this partnership a working interest in gas or oil property that does not limit your liability, what does this mean

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Level 13
Jun 4, 2019 7:48:44 PM

I am fairly certain that the answer to this is "no".  You would have most likely received a cover letter with your K-1 that discussed this very topic if it applied.