Form 1065

I have a partnership that no longer is in a trade or business (sold rental property and has investment income only). Would expenses such as the following be taken on Page 1 to create a loss or considered investment expenses subject to the 2% limit: Accounting Fees State partnership taxes/fees (NJ) Office Expenses

Thank You, Kevin

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Reply to
keefnj
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I think you have to relate the expenses to the type of income generated. ___________________________________

-----> real address on hobokeni or hobokenx

Reply to
Benjamin Yazersky CPA

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