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Forming a limited partnership between your business and a nonprofit organization could be a great idea. Combining your business resources and abilities with the name-brand and assets of a respected ...

Master limited partnerships (MLPs) offer attractive returns for investors in the energy sector. MLPs focus on natural resources like oil, gas, timber and solar energy. They offer a favorable tax ...

Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...

Depreciation is the allocation of a capital expense item over a specific period of time. IRS rules stipulate that when a business, such as a limited partnership, purchases a capital asset like real ...

Reviewed by Chip Stapleton Fact checked by Suzanne Kvilhaug A master limited partnership (MLP) is an unusual investment that combines the tax benefits of a limited partnership (LP) with ...

The following changes have been made to build greater flexibility into the LP Law. Broadly speaking, this is to be achieved by allowing the provisions of the limited partnership agreement to override ...

Historically, CPAs have dissuaded estate planning clients from funding family limited partnerships with personal use property, such as a primary or secondary residence. In the past the IRS has ...

In 2002, Florida real estate developer William W. Cole, Jr., and his wife, Terre Cole, created a new limited partnership domiciled in Nevada and called Cole of Orlando Limited Partnership. The owners ...

Master limited partnerships (MLPs) are limited partnerships that are publicly traded on exchanges and combine the tax benefits of a limited partnership with the liquidity of a publicly traded security ...