What Proposed Regulations on the Fractions Rule Mean for Tax-Exempt Organizations
Understanding the fractions rule can enable tax-exempt organizations to invest in partnerships that hold interests in debt-financed real property without being subject to the tax on unrelated business income under Section 512. Michael Hoffman, CPA, Washington, explains.
To read the full article in The Tax Advisor, click: What Proposed Regulations on the Fractions Rule Mean for Tax-Exempt Organizations.