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16 Mar 2010If I am a limited partner in a hotel, can I make management and Financial decisions or not. If not, why?
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2 Responses to What management and financial decision can I make as a limited partner?
maxmom56
March 16th, 2010 at 5:31 pm
Usually, those decisions are up to the general partners as they have the most to lose. Read your partnership agreement.
ronald.glass@sbcglobal.net
March 16th, 2010 at 6:23 pm
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)