- September 26, 2014
- Steve Grgas
- Author's Bio
- Blog Posts, Uncategorized
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Partnerships’ exposure to net investment income tax not always clear cut
The net investment income (NII) tax under Code Sec. 1411 is imposed on income from investments, certain sales of property, and income from passive activities. NII includes net gains from the sale of property, unless the property is held in a non-passive trade or business. If the property sold is a non-passive interest in a […]
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