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October 2, 2023
Question

Is Cheniere Energy Partners LP a working interest in an oil or gas property that doesn’t not limit your liability?(If so, it won’t be treated as passive activity)

  • October 2, 2023
  • 1 reply
  • 0 views
How do I answer this...

1 reply

Employee
October 2, 2023

It's a limited partnership and, presumably, you are a limited partner. 

 

As a result, your any loss is limited to your basis.