Business, 05.12.2019 01:31 tfaulk2884
Timothy gates and prada singh decide to form a new company, tgps llc (a multimember llc that will report its operations as a partnership). timothy is married, and prada is single. each contributes $400,000 of capital to begin the business, and both materially participate in the business. in 2019, tgps reports a net loss of $580,000. what are the implications of this loss for timothy and prada?
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Timothy gates and prada singh decide to form a new company, tgps llc (a multimember llc that will re...
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