Electing out of 163(j) for partnership

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  • Florida_EA
    Senior Member
    • Aug 2017
    • 153
    #1

    Electing out of 163(j) for partnership

    Client is an individual with multiple partnerships that have rentals. The combined revenue of all the partnerships is over $25M so calculating the 163(j) for each partnership. Can election be made to elect out of the 163(j) for one of the partnerships?
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