One possibility, especially for those still making installment payments on their partnership interest, is to walk away from the deal.
Again, he said the need for the delay was related to complications with his partnership interests.
He had a total of $15.1 million in partnership interests and compensation.
Of the 28 centers nationwide, May owns 5 and has a partnership interest in the others.
Such income may arise from services performed in exchange for the partnership interest.
Their liability is limited to the amount of money they invest for partnership interests.
I can collect the balance when it's over, out of the partnership interest.
If it was an ordinary asset in his hands, the holding period of the partnership interest begins the day after the contribution.
It plans to stop selling partnership interests in 1990.
He maintained a partnership interest in the school until about 1961.
