dhdobbin
Level 1
03-10-2023
01:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thanks for the reply. In short, this transaction is a deemed sale of a proportionate share of the partnership's assets. The customer list is not a balance sheet item that can be monetized and was just a kicker to the deal since he walked away with just a Net capital loss