What management and financial decision can I make as a limited partner?
November 13th, 2008 | by admin |Aditya G asked:
If I am a limited partner in a hotel, can I make management and Financial decisions or not. If not, why?
If I am a limited partner in a hotel, can I make management and Financial decisions or not. If not, why?
2 Responses to “What management and financial decision can I make as a limited partner?”
By maxmom56 on Nov 14, 2008 | Reply
Usually, those decisions are up to the general partners as they have the most to lose. Read your partnership agreement.
By ronald.glass@sbcglobal.net on Nov 16, 2008 | Reply
Probably none whatsoever. It would depend on the terms of the partnership but I have plenty of experience in these matters and I do know that limited partners have nothing to say (only the general partners make any and all decisions)