{
  "id": "DEF_INVESTMENT_PARTNERSHIP_SECURITIES",
  "name": "Marketable Securities Distribution Exception",
  "category": "timing",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Partners in entities that have never engaged in a trade or business and hold primarily financial assets.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Distributions of marketable securities from an 'investment partnership' to an 'eligible partner' are not treated as cash distributions, allowing for the deferral of gain that would otherwise be triggered by the distribution of liquid assets.",
  "irc_reference": "IRC §731(c)(3)",
  "deadline": "",
  "savings_potential": "high",
  "benefits": "investor",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}