Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

direct-participation program

Read a random definition: sentencing phase

A quick definition of direct-participation program:

A direct-participation program is a way for people to invest their money in a project or business. Instead of buying stocks on a stock exchange, investors buy securities directly from the program. This type of investment can have tax benefits for the investors.

A more thorough explanation:

A direct-participation program is a type of investment that is funded through the sale of securities that are not traded on an exchange or quoted on NASDAQ. This type of investment provides flow-through tax consequences to the investors, meaning that the investors are responsible for paying taxes on the income generated by the investment.

  • Oil and gas partnerships
  • Real estate investment trusts (REITs)
  • Equipment leasing programs

Oil and gas partnerships are a common example of a direct-participation program. Investors can purchase a share in an oil or gas well and receive a portion of the profits generated by the well. These profits are considered income and are subject to taxation.

Real estate investment trusts (REITs) are another example of a direct-participation program. Investors can purchase shares in a REIT, which owns and manages income-producing real estate properties. The income generated by the properties is distributed to the investors, who are responsible for paying taxes on the income.

Equipment leasing programs are a third example of a direct-participation program. Investors can purchase shares in a program that leases equipment to businesses. The income generated by the equipment leases is distributed to the investors, who are responsible for paying taxes on the income.

These examples illustrate the concept of a direct-participation program, where investors purchase shares in an investment vehicle that generates income. The income is then distributed to the investors, who are responsible for paying taxes on the income.

directory statute | direct payment

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
shaquilleoatmeal
22:40
it’s the wrinkles
22:43
FUCK ALL OF YOU
22:43
@MULE: what gives
babycat
22:44
a close up of a person in a car, light cute freckles, red tank-top, rhode island, 🎀 🧟 🍓 🧚, curly brown hair, f/22, f18, very wet, red suit, cocky expression, water park, round symmetrical eyes!!!, leather jewelry, caucasian eyes, pc, pouty face
mine also just gave up and said old
22:44
@mule: hi
caucasian eyes
JumpySubsequentDolphin
22:45
round symmetrical eyes is so nice
babycat
22:45
I like that they defined what they consider Caucasian eyes too
JumpySubsequentDolphin
22:45
very wet.
22:45
Fuckin round eyes always shitting on squints
22:45
the what now
22:47
Like Caucasian eyes = round eyes & squints = derogatory Asian eye comparisons
shaquilleoatmeal
22:47
Rhode Island lmfaooo
shaquilleoatmeal
22:48
You’ll go to RI but not Westport, I see how it is
babycat
22:49
shaq you remember when I was at the beach all summer reading books and saying I AM NOT going to study for the lsat. this picture is from then. also not in Rhode Island I guess I just have a New England face
JumpySubsequentDolphin
22:49
a woman in a black dress posing for a picture, skin care, streaming, shiny soft fur, latina, silver wings, teen girl, foundation, sparkles on eyelids, black tie, persian queen, nervous
JumpySubsequentDolphin
22:49
now im Latina and Persian allegedly
22:50
They want to pin down your lineage by process of slim
shaquilleoatmeal
22:50
Ahh yes I remember
shaquilleoatmeal
22:52
I dated a Persian once, I miss the sour fruit roll up things
shaquilleoatmeal
22:52
At least they got the skin care to the T dolphin
JumpySubsequentDolphin
22:52
lavashak
babycat
22:53
i do not do skin care bc I don’t need to at the moment but hopefully someday I fall madly in love with a neurotic woman who teaches me what I need to do
shaquilleoatmeal
22:55
@JumpySubsequentDolphin: fahkkk you just saved my life, I never knew the name and now I can buy that shit online !!
22:55
Skin care is vital, I am swiss, and there fore super white and sun sensitive, I do not want to look 50 at 30
JumpySubsequentDolphin
22:56
I’ll teach you baby. also you’re welcome Shaq glad to be of service. and yes sky dog skincare is very important. but hopefully Botox will
22:56
One of the best things u can do for ur skin is not smoke meth.
babycat
22:57
not smoking cigs regularly is my gift to my collagen. also bad for your qi but if you are strong-willed enough you can overcome this
JumpySubsequentDolphin
23:00
omg it cut me off. I was gonna say hopefully Botox will save me one day. and filler under my eyes perhaps. i wanted to get filler in my nose and i made an appointment but my cousin is an ENT and he told me that I could go blind or the tissue around my nose could all DIE so i canceled the appointment. now im very sad bc i don’t want a nose job but i wanted to make my nose more symmetrical, woe is me
LSD+ is ad-free, with DMs, discounts, case briefs & more.