What are the tax consequences of purchasing a MEPA?
To the best of our knowledge, there are no statutory provisions, regulations, published rulings or judicial decisions addressing or involving the characterization, for United States Federal income tax purposes, of the MEPA Agreements. We make no representation and can provide no expert advice concerning the possible tax consequences of the purchase of a MEPA. In the event that tax status is a concern, we suggest you consult a tax professional.