Limited Partnership 2015-09-16 08:00:00

Limited Partnership

Two or more investors who pool their money to develop or purchase income-producing properties. In a limited partnership, each limited partner's liability is limited to the amount of his or her investment. A limited partnership must have one general partner, who is personally liable for all debts. In return for being liable for the partnership’s debts, and thus bearing a disproportionate share of the risk, the general partner may be entitled to a disproportionate share of the partnership’s profits.


The 1031 Investor's Guidebook

Download The Guide To 1031 Exchange

Tackle the art and science of completing your 1031 exchange.

Capital Gain Tax Rates by State

View View the Capital Gains Tax Rates by State