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I'm not sure about these, but there are public limited partnerships that anyone can buy like a stock. If you don't realize what you are getting into, you may r
by perl4ever 5y ago
I'm not sure about these, but there are public limited partnerships that anyone can buy like a stock.
If you don't realize what you are getting into, you may regret it because you will get a K-1 at tax time.
I don't know if it's any more of a tax dodge than an REIT.
- Spooky23 5y agoThese structures characterize cash flows as return on capital, which defer taxation. There’s a bunch of games played.
- perl4ever 5y agoI didn't think it deferred taxation; just the opposite. That's what I was referring to about the K-1; you pay taxes on the income of the partnership even if you didn't sell any shares.
- Spooky23 5y agoIt depends on your situation. For an smaller scale individual, the paperwork is a pain unless the entity is designed to be used by an individual.