Limited Partnership

For a Limited Partnership in Thousand Oaks or surrounding communities, Freeman & Associates has extensive experience in providing complete incorporation services designed to allow companies to realize available advantages of the business structure. As well, the accounting firm also provides services explore and implement tax savings strategies available. Freeman & Associates is headed by a Certified Public Accountant (CPA) with more than 20 years of experience helping households and businesses succeed and thrive all along the 101 Corridor from Encino to Oxnard, and in many communities in between.

Freeman & Associates of Thousand Oaks is a resource to tap to learn the differences between a Limited Partnership and similar corporate structures such as a Limited Liability Partnership. A limited partnership is similar to a general partnership. A difference is that in addition to one or more general partners (GPs), there are one or more limited partners (LPs). It is a partnership structure where only one partner is required to be a general partner. Much of the structure is outlined in contractual agreements and Freeman & Associates has experience working with limited partnerships from the accounting side for businesses from Oxnard to Encino and in other communities in this region.

A Limited Partnership can benefit from the expertise of Freeman & Associates of Thousand Oaks in many respects, such as the financial differentiation between the general partners and the limited partners. A Limited Partnership also has other nuances to consider including usage of partnership property and profit sharing. Freeman & Associates has been providing business accounting services including for businesses operating as a Limited Partnership in Oxnard, Encino and many other communities in this area for more than two decades.

 

An accounting professional is available now to assist you!
Call today at (805) 495-4211