Question

K-1 TT questions

Forum|Forum|2 years ago
September 27, 2023
2 replies
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while working through the TT K-1 questions:

1. can I assume any ETP is a publicly traded partnership

2. if I sold all of my shares of an ETP, can I assume that I ended my partnership in the ETP?

Not A Product Question

V

VincentL12345

Exchange-traded products (ETP) are types of securities that track underlying security, index, or financial instrument.

A publicly traded partnership (PTP) is a business organization owned by two or more co-owners whose shares are regularly traded on an established securities market.

From what you have provided, I would assume a PTP is a publicly traded partnership. Since you sold all of my shares of an PTP, you have ended your limited partnership role in the PTP.

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