Discussion:50% of Partnership Sold

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Snooks (Talk | contribs)
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Revision as of 21:51, 16 November 2005

Discussion Forum Index --> Tax Questions --> 50% of Partnership Sold

Snooks (talk|edits) said:

16 November 2005
In an 8 partner partnership, where 4 buy out the other 4, do we have to setup a totally new partnership with a new EIN? Also, will the change result in gain calculation for the 4 remaining partners who now equally own what originally was owned by the 8?
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