Business, Legal & Accounting Glossary
A real estate limited partnership is an investment vehicle for real estate investing. A real estate limited partnership, like any limited partnership, is a legal entity with one or more general partners and one or more limited partners. The limited partners in a real estate limited partnership have no management control of the real estate limited partnership and in return, they have limited liability protection. The financial return that a limited partner receives from a real estate limited partnership is defined by written agreement and may vary from one real estate limited partnership to the next. A real estate limited partnership may invest in new construction or may benefit from existing income streams from both developed and undeveloped properties. Some of the advantages of a real estate limited partnership can include high potential growth as well as certain tax shelter benefits.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Real Estate Limited Partnership are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th February, 2020 | 0 Views.