Recent Articles

Limited Partner

In a partnership situation whereby a party agrees to only provide capital to the partnership. In exchange, the partner is legally limited in cases of losses to the amount of capital invested. Limited partners have no say in the day-to-day operations or management issues.

Real Estate Syndication

01/22/2015

Have you ever wondered how apartment or office complexes are financed?  A typical complex will have 80 to 100 units and the cost of construction will approximate $7,000,000.  So where does this money come from?  Your average person will think it [...]

At-Risk Rules – An Elementary Understanding

10/28/2014

Code Section 465 of the Internal Revenue Code defines ‘At-Risk’ as the financial value the taxpayer has in jeopardy related to the business activity the taxpayer is invested in as some form of an owner.  Effectively, the taxpayer may only take [...]

Partnership Agreements – Terminology

01/22/2014

Each of us has our own built in dictionary for terms we hear in our business lives.  I find it fascinating that the standard business term ‘Equity’ is interpreted differently within the business world.  I often interpret the term using the [...]

Partnership Agreements – An Introduction

01/09/2014

There is a tremendous amount of information to convey to fully understand partnership agreements.  This is the first in a series of articles related to partnership agreements.  Throughout this series I will explain the various sections and issues [...]