General and limited partners don't have set rights and responsibilities in every deal. The roles can be customized with very wide latitude. Adding a third party could be on any terms you negotiate.
What does it mean that the investors are limited partners only? Do they have a say in what the QOF does?
General and limited partners don't have set rights and responsibilities in every deal. The roles can be customized with very wide latitude. Adding a third party could be on any terms you negotiate.
DISCLAIMER:the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.