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Real Estate Limited Partnership

   Also found in: Acronyms 0.01 sec.
Real Estate Limited Partnership
A limited partnership in which the limited partners provide capital and the general partner in turn manages the development of real estate, for example, to build an apartment complex or housing subdivision. The general partner uses the investment money from the limited partners to construct and sell or rent the property. This gives the limited partners a good chance at a steady return, and the potential of high growth. A real estate limited partnership may also provide tax benefits for the partners.


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Real Estate Limited partnerships Limited partnerships allow investors to invest without having to incur a liability more than what has been invested.
At one time the common way to do this was by creating a real estate limited partnership.
An easy way for investors to round out their holdhags in this manner is to add interests in professionally managed, non-traded public REITs or real estate limited partnerships and LLCs.
 
 
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