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Business & farm
Thank you for your quick answer and then followup. I am confused about the answer. Partnerships I believe are subject to uniform capitaliztion unless a 263A so I am not certain which way to go. And then how to allocate indirect costs to varioous properties. I also believe that small owners are not subject to this allocation. I hoped the answer I received would have menioned and addressed these items.
Sandra
May 7, 2021
1:40 PM