Series 7 Exam Prep 34, Direct Participation Programs
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The distinct roles and liability of general partners (unlimited liability, active management) versus limited partners (limited liability, passive investors). - That DPPs pass through both income and losses, and these passive losses can only offset passive…
The skinny
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