Frequently Asked Questions
Why should I sell my limited partnership?
You might sell your partnership
- because your investment objectives have changed
- to eliminate the cost of splitting the asset due to a divorce or death
- to create cash for other investments
Selling your partnership could
- eliminate K-1 filing in future years
- create a taxable loss, saving money in taxes owed
- generate cash for other uses
- reduce or eliminate retirement fees
- in some cases, eliminate additional state income tax filing
How does the sales process work?
Our sales process is described
in our seller's transfer process and buyer's transfer process.
Rest assured that all transfer paperwork is handled in-house, by the Partnership Marketing Company; client transfers are not sub-contracted to an
outside company thereby expediting the process.
Is your broker registered?
Yes, the brokers are registered representatives with
Financial West Group
How long will the sale take?
About four weeks depending on the issuer. Transfer documents are mailed to the issuer or transfer agent as soon as they are received from both you and the buyer. The issuer can take about two weeks to process the paperwork.
When do I get paid?
As soon as the issuer approves the transfer, instructions are issued by
Financial West Group to the bank and checks are mailed to our clients.
Do you hold the buyer's money in your account?
No. All funds are deposited in an account with Tri-State Capital Bank.
Is there special handling required for an IRA or pension plan?
Yes, an IRA or other retirement account
requires specialized forms individual to each custodian. Be sure to inform your trader of the exact name
of the trust company you use.
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Financial West Group is an FINRA registered Broker/Dealer.
*Securities offered through
Financial West Group,
Member FINRA & SIPC.
Financial West Group and The Partnership Marketing Co. are unaffiliated Entities.
This is not an offer to buy or sell securities - Please contact us for further information.
1440 Cunningham Road
Sebastopol, California 95472
FAX (707) 824-8680
Copyright © 1997-2018 - The Partnership Marketing Company - All Rights Reserved