Changing or starting a Partnership

I’m having trouble Discussing one of the tax implications for starting or changing a partnership.

  • It would be helpful to better understand What is one characteristic of a partnership that you consider to be beneficial and one detrimental characteristic of partnerships? Explain why they are beneficial or detrimental.
  • Any insight on Why do you believe that most partnerships fail, would be beneficial
  • Thanks for clarifying Would you want to be a partner in a partnership? Why or why?

Reference -6.0.0.W.C.

Ward, S. (2020, January 29). Why business partnerships fail. The Balance Small Business. https://www.thebalancesmb.com/why-business-partnerships-fail-4107045

 

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