Ch 15: Direct Participation Programs

About This Chapter

In this chapter, you can review DPPs (Direct Participation Programs). Our flexible study option prepares you to answer exam questions on key aspects of DPPs, and it can also be used as a professional reference or development tool.

Direct Participation Programs - Chapter Summary

This chapter begins with the fundamentals of DPPs: their structures, risks, and advantages. Once you've mastered the basics, you'll move on to the tax treatment of DPPs and the associated implications. By the end of the chapter you will be able to:

  • Describe various DPPs, including limited partnerships and limited liability companies
  • Analyze the tax liability of DPPs
  • Detail metrics used in the evaluation of DPPs

This chapter brings together concise definitions and illustrative examples to help you retain what you study. Since the chapter is self-paced, you determine how little or how much time you need to spend on each lesson. Use your dashboard to see how much you've mastered and what you still need to work on.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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