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When taking your exam, don't think about the song "Camptown Races." (We said, DON'T think about the song. Or going to the bathroom.)

Structures & Types

Structures & Types

Direct Participation Programs

$5 Words: DPP Terms. Just know 'em.

Really, a DPP is just a fancy way of saying "limited partnership". Drilling for oil, mining for gold, investing in heavy construction machinery (c'mon, admit it: you always wanted to own a bulldozer); all of those activities require a lot of money, and they have a lot of tax write-offs that benefit people who already have a lot of money.

The big...

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