Document Type

Article

Publication Date

1973

Publication Title

South Carolina Law Review

Publication Title (Abbreviation)

S.C. L. Rev.

Volume

25

First Page

215

Last Page

238

Abstract

The partnership form is an extremely popular vehicle for raising money for real estate development because of the opportunity to offer high-bracket investors "pass through" of partnership losses. These losses, in all but the most highly leveraged partnerships, are largely the result of depreciation deductions. Despite the tremendous popularity of real estate partnerships, limitations on allocations of partnership losses or of particular items of partnership deduction, have never been carefully defined. The purpose of this article is to explore possible limitations in the context of a variety of allocation arrangements currently in use.

Rights

© 1973 Donald J. Weidner

Comments

First published in South Carolina Law Review.

Faculty Biography

http://law.fsu.edu/our-faculty/deans/weidner

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