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How does the general
partner get paid
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The general partner keeps 40% of the profits. If the
property makes $3,000,000 per year after expenses, $1,200,000 goes
the the general partner and $1,800,000 goes to the partners. Same
split on any capital gains. You are collaborating with one of the
most experienced general partners in the apartment industry and the
general partner does all the work.
Edwin Lichtig, MBA
(800) 888-3638
Copyright,
GSL, 1998-2001, US Library Of Congress
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