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URL:  http://boards.fool.com/they-are-great-for-the-promoters-bad-for-the-12565805.aspx

Subject:  Re: Q on LPs...any opinions? Date:  5/13/2000  5:20 PM
Author:  bwhiteclu Number:  3914 of 19371

They are great for the promoters, bad for the buyers, imho. Expenses are high, illiquid, or if there are buyers, they buy at distressed prices. Lots of return of capital, lots of recapture of depreciation when the LP ends and is liquidated. I used to sell 'em, but I wouldn't buy one.
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