Describe the Strengths and Weaknesses of a Non-Asset Based 3PL

question 12

Essay

Describe the strengths and weaknesses of a non-asset based 3PL

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Definitions:

Passive Loss Rules

U.S. tax regulations that restrict the amount of losses investors can claim from passive activities to the amount of income generated by those activities.

Gain(Loss)

The profit or shortfall realized from an investment when comparing the sale price to the original purchase price.

At-risk Amount

The maximum amount of money an investor in certain activities can claim as a deduction or loss, limited to the actual cash, property, or borrowed amounts for which they are personally at risk.

Income Items

Various types of earnings, from employment, investments, or other sources, that must be reported on a tax return.