Recent content by MN0207

Thank you for the responses. adjusterjack: You are very rude. flyingron: The Limited Partnership has no problem affording a lawyer. It has one. Unfortunately, he is also my business partner’s longtime personal lawyer. I can’t afford to pay a lawyer if it involves a long legal battle. Tax...

I am a limited partner in a limited partnership. There is one other limited partner. The General Partner is an LLC. I am a member of the LLC as is the other limited partner. It is a complicated situation, but to sum it up as best I can: 1. Limited partnership owned 2 commercial properties...