Questions tagged [limited-partnership]
9 questions
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Outstanding cosigned loan and Bankrupt ex-partner
Background:
I started a business (LLC) with a partner about 3 years ago. We took out a business Line of Credit. Because the business didn't have credit of its own, we both cosigned. 1.5 years ago we decide to part ways. It wasn't exactly a…
DonaldSowell
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What, exactly, makes an "unrelated business" unrelated in the case of junior partnerships held inside IRAs?
My question is concerning the unrelated business income tax on partnership interests inside a Roth IRA. Specifically, I own common stock in a company that's technically classified as a Limited Partnership (Icahn Enterprises L.P. to be exact), which…
EJoshuaS - Stand with Ukraine
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How do I look for private limited partnership investment opportunities? (Or should I?)
I am interested in seeking out local private companies that are interested in raising additional capital by taking on limited partner investors. Is this something that even happens? Is this even a good idea? If so, what are some ideas on how to find…
Ryan Michela
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How to report a personal expense for an LLC partnership paid in one year and reimbursed in another?
My business partner and I have a very small partnership LLC. This is my first year filing IRS tax forms for the LLC.
In late 2014 I made a $30 purchase (from my personal money) on behalf of the LLC. The LLC reimbursed me for the expense in early…
user2592842
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Is an American waterfall (distribution) ever preferable to a European waterfall for an LP?
Waterfalls outline how cashflow will be distributed between general partners and limited partners. In the European version, the GP (sponsors) do not receive carry until the LPs original investment is returned and preferred rate of return is met. In…
PJS3
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Where do Master Limited Partnerships (MLP) lie on the risk/yield spectrum?
MLPs are required to pay profits to their limited partners. Dividend stocks can choose to stop paying dividends. Corporate bonds payments are fixed interest (a set number) but MLP payments are usually a percent of profits (a variable number). Would…
roobee
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Limited Liability Partnership capital calculation
This business is regarding a Limited Liability Partnership (LLP)
Would it be possible to make drawings from accumulated funds (aka Retained Earnings), shouldn't drawings be done from the partnership capital fund? Or any money taken out from…
Mervyn Lee
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Can Management Fees Differ For Limited Partners In The Same Real Estate Investment Fund?
In a real estate investment fund (one with general partners and limited partners), can the limited partners be charged different management fees?
Do all limited partners have to share the same fee structure (same carried interested, same preferred…
Lloyd Banks
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Do MLPs report identifiable information about unit holders to federal or state governments?
Unit holders of MLPs receive a schedule K-1 form to use in tax filing. Often these partnerships operate in many states, and you'll also receive a state specific k-1 form.
For example, Enterprise Product Partners operates in 41 states.
You are…
Bob
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