Acta's original investors, Greylock Limited Partnerships
and US Venture Partners, both headquartered in Menlo Park, Calif.
Biskind added that, "The newly formed limited partnership
, DDRC Great Northern Limited Partnership
will have the opportunity to update the tenant mix and the center itself.
The Silver Energy Limited Partnership
contains approximately $505,000 cash and owns certain land in the Silverdale area of Saskatchewan and the Kaybob Limited Partnership
contains approximately $255,000 cash and the right to earn an interest on certain lands in the Kaybob area of Alberta.
This is not the first time that a nationwide brokerage firm has been the subject of serious litigation involving the sale of proprietary limited partnership
investment interests to its clients.
As a result of the above, we expect to see growth in cash flows generated by all of these limited partnerships
over the next 12 months.
As tax-shelter limited partnerships
became popular, the government lost two important decisions--Zuckman v.
An investment in limited partnership
units ("Units") of the Partnership were exchanged on a tax-deferred basis for Explorer Series Shares with equal value pursuant to an asset purchase agreement dated December 5, 2005 between the Partnership and the Mutual Fund Corporation.
If a partnership recently converted to an LLC, will bifurcated general and limited partnership
interests be aggregated in determining whether a member's distributive share of partnership income is subject to SE tax?
Thornburg, BIC, BT Venture Partners, BT Venture Corporation and the limited partnerships
are parties to a certain Acquisition Agreement entered into on May 18, 1993, with Boddie-Noell Restaurant Properties, Inc.
Accordingly, a couple (or single person) can transfer assets into a family limited partnership
and give limited partnership
interests to relatives or friends, putting the gifted limited partnership
interests beyond the reach of the spouse's creditors.
SCL is also the promoter of Stone 2004 and 2005 Flow-Through Limited Partnerships
701-2(d), containing the partnership anti-abuse rules, omitted former Examples 5 and 6, relating to family limited partnerships
and gift tax issues that were in the previous version of these regulations.