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Unit 10: Other Packaged Products 7 qs - Coggle Diagram
Unit 10: Other Packaged Products
7 qs
REITS
Types of REITS
REIT Taxation :check:
Flow through and management :check:
DPPs and their investors
Structuring a LP
Issuing LP interests
FINRA rule 2310 - required documentation :check:
Dissolving a LP
Flow through and management :check:
Role of GP and LP
Investors in LPs
Types of DPPs
Real Estate DPP
Raw land
New Construction
Existing property
Low income Housing :check:
Rental income + tax credits
Historic rehabilitation
Depreciation / NO depleciaion
Oil and gas partnerships
Exploratory (wildcatting) :check:
Developmental :check:
Income :check:
immediate income :check:
Depletion and depreciation
Sharing arrangement
Functional allocation → split by type of cost (tax benefits)
Reversionary → LPs get paid back first, then GP
Disproportionate → GP gets extra share of profit
Equipment leasing programs
Taxable income annually :check:
Issuing partnership investments
Centralized management :check:
Goals of each DPP :check:
DPP taxation
Flow through
Real Estate program taxation
oil and gas program taxation
Intangible drilling costs
Tangible drilling costs
Depletion allowances
Oil and gas sharing arrangements
Tax features applicable to all DPPs
Business deductions
Tax basis
computing tax basis
tax filing requirement
Nonrecourse Loan :check:
Evaluating DPPs
Measuring economic soundness
Cash flow
Internal rate of return
Other evaluation factors
DPP regulations
FINRA rule 2310
DPP suitability
DPP compensation restrictions
Noncash compensation
DPP rollup