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Guest User
July 1, 2011
Corporate

Limited Partnerships

Guest User
July 1, 2011
Corporate

A brief word on using limited partnerships for land transactions.  Developers will be familiar with the 10 year rule which is broadly that gains on disposal of land (that is not developed) will not generally be taxable where the land is held for not less than 10 years and was not acquired as part of a land dealing or developing business.

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Source:/s/Limited-Partnerships-July-2011.pdf

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