20-29.The following is not an advantage of the limited partnership form of ownership of real estate:

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Limited partnerships typically have limited access to large capital markets, as investors may be deterred by the lack of control and limited liability as compared to other forms of ownership such as corporations or REITs. Avoidance of double taxation and limited liability of the partners are both advantages of the limited partnership form of ownership.

20-29The Following Is Not an Advantage of the Limited Partnership