Book Title
10th Edition
ISBN: 9781337605656
Author: CROSS
Publisher: CENGAGE L
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Chapter 16, Problem 7BCP
Summary Introduction
Case summary: The partnership FS is a general partnership whose partners are the person JS who is a professional engineer and the company F&S. The person T signed the partnership agreement on behalf of the company F&S. JS is a designated partner on the FS Federal tax return. F&S was formed to buy and develop twenty acres of unoccupied, wooded land in York County. The deed to the property, lists the owner as of the ‘FS partners, a general partnership. When the taxes on the real estate were not paid, the tax claim bureau published notice that property would be sold at the amount of the tax pending. The bureau mailed and posted a notice to the address of record of the partners FS and on the partnership’s land.
To find : The notice of the tax sale is sufficient.
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