EFTA01391715.txt Text dataset_10 View on DOJ

Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document describes the tax implications for limited partners selling their interests in the Access Fund. It covers topics such as capital gains, losses, tax basis adjustments, and limitations on deductibility of interest expense.
Metadata
Subject
Sale of Interests
Sender
—
Recipients
—
Document ID
DB-SDNY-0096729, SDNY GM_00242913
Date
—
Relationships 2
Entity 1RelationshipEntity 2Description
Limited Partner Financial Access Fund Limited Partner's sale of Interests in Access Fund
General Partner Legal Partnership Agreement Partnership Agreement requires consent of General Partner for transfers of Interests
Notable Quotes 2
A Limited Partner generally will recognize capital gain or loss on the sale of Interests, except for any gain attributable to unrealized receivables or inventory• items (which arc broadly defined for this purpose) held by the Access Fund at the time of the sale.
The Partnership Agreement generally prohibits transfers of Interests without the consent of the General Partner.
Financial Information
Amounts:$250,000
Assets:
  • Interests
  • Access Fund liabilities
  • Underlying Fund assets
Transactions:
  • Sale of Interests
  • Distribution to Partners of cash or assets in-kind
Raw Analysis JSON click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 3
Ironsides Asset MgmtAccess FundIRS
Locations 1
U.S.
Text Analysis
Tone
Professional
Purpose
To explain the tax implications of selling interests in the Access Fund.
Significance
This document outlines the tax consequences for limited partners selling their interests in the Access Fund, including potential gains, losses, and adjustments to tax basis.
File Info
File Name
EFTA01391715.txt
Dataset
dataset_10
Type
Text
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43:11.877038
DOJ Source
View on DOJ