A client invests $100,000 in a tax shelter as a limited partner, giving him a 10% interest in the program. However, the general partners cannot meet the program's expenses. A mortgage balance remains of $3 million, and the property of the program is liquidated for $1 million. How much does the investor get back from his original investment?

A) 0
B) 10000
C) 100000
D) 33000

Ans: A) 0

Business

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With respect to investment property, an investor can make use of

a. the residence replacement rule. b. exclusion from taxation. c. property tax postponement. d. mortgage interest deductions from property income.

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Both Nestlé and Cadbury determined that a liquid chocolate confection would be one way to address the issue of India's hot weather. This is an example of:

A) differentiated target marketing. B) standardized global marketing. C) competitive global marketing. D) target benefit marketing. E) product-market decision

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