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Strategies & Market Trends : Investment Limited Partnerships -- Ignore unavailable to you. Want to Upgrade?

To: Michael Burry who wrote (3)3/29/1999 11:59:00 AM
From: peter michaelson  Respond to of 6
 
Michael:

I've not known L.P.'s to be paperwork intensive at all.

An initial partnership agreement which should be registered with your state. No need to have an agreement written from scratch - just revise a model agreement.

Tax-wise, a filing is required annually.

That's about it, except some minor local tax filings and such. Leastwise, that's my experience.

I think this thread could be useful, so I hope it gathers some interest.

Peter



To: Michael Burry who wrote (3)3/29/1999 10:30:00 PM
From: TwoBear  Read Replies (1) | Respond to of 6
 
Mike, I'm curious about your goals of your partnership. I not ashamed to say that I am not too astute on the subject of ILP's. Are you looking to attract investors to place their money in the partnership with the understanding that you will invest it in value type stocks?

2


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