1. general partnership avoid double taxation
unlimited liability
management control
special allocation
2. limited partnership avoid double
(limited partner) taxation limited
liability
no management control
special allocation
3. c-corp double taxation
limited liability
no management
control no special
allocation
4. s-corp avoid double
taxation limited
liability
no management
control no special
allocation
5. LLC avoid double taxation
limited liability
management control
special allocation
6. optimal ownership LLC - small, local investments
LPs - private funds targeted at institutional investors
7. NOI formula PGI
1/
4