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#25
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What happens when participants want or need to liquidate their interest prior to sale of the card? Will someone be able to do that? Do they get bought out at cost of their initial investment, at FMV or something in between? What if the amount is so large that funds are not available to pay the exiting participant? What about the possible tax reporting on the eventual disposition. I think a formal partnership with a partnership agreement would have to be established.
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