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  3. rental income and expenses are treated as: a. ordi

Rental income and expenses are treated as: A. Ordinary income for all partners. B. Separately...

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Accounting

Rental income and expenses are treated as:

A. Ordinary income for all partners.

B. Separately stated because individual partners may treat rental income or losses differently.

C. Capital gains or losses because the rental property is an investment.

D. None of the above.

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