Our acquisition program is focused specifically on syndicated real estate partnerships that own government subsidized apartment complexes (Section 8) built in the 1970s and early 1980s as well as all other limited partnership real estate holdings. Initially, these partnerships served their original purpose by providing substantial tax savings, however now many of them have now become a tax burden to the original limited partners or to their estates. LPE is interested in acquiring limited partner and general partner interest in these types of partnerships; we can pay in cash and we close quickly.
If you or your clients receive an annual K-1 in real estate partnerships syndicated as tax shelters we would be interested in valuing the interest and making a cash offer proposal. In most cases all that is needed for us to value the interest is a copy of the most recent K-1 issued by the partnership.