From Kiplinger's December, 2004 Issue
Real Estate Partnerships are back, and they still stink!
Real estate limited partnerships are experiencing a renaissance. Also booming are sales of their close cousins, relatively new financial inventions called private real estate investment trusts. These nontradable vehicles are set up like regular REITs for tax purposes but look much like LPs in other key respects: they come with high fees and are difficult to unload.
You can read further on this subject by turning to pages 58 and 59 in the aforementioned edition of Kiplinger's Personal Finance.
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Real estate limited partnerships are experiencing a renaissance. Also booming are sales of their close cousins, relatively new financial inventions called private real estate investment trusts. These nontradable vehicles are set up like regular REITs for tax purposes but look much like LPs in other key respects: they come with high fees and are difficult to unload.
You can read further on this subject by turning to pages 58 and 59 in the aforementioned edition of Kiplinger's Personal Finance.
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posted by Bob Moser at
4:26 PM
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