If you don't realize what you are getting into, you may regret it because you will get a K-1 at tax time.
I don't know if it's any more of a tax dodge than an REIT.
There’s a bunch of games played.
That's what I was referring to about the K-1; you pay taxes on the income of the partnership even if you didn't sell any shares.
For an smaller scale individual, the paperwork is a pain unless the entity is designed to be used by an individual.
