Ever been in an investment partnership?
January 26, 2008 8:52 AM Subscribe
Tell me about your experience with investment partnerships. (Multiple questions inside.)
posted by ijoshua to Work & Money (2 answers total)
I’m interested in pooling some funds with some friends and to try our hands in market investments. (This is in the US, Georgia)
I gather that we’ll need to establish a tax identity with the IRS. Where can I find more details about the tax implications?
How did you decide how to assign ownership of the partnership’s assets? What happens if a new person wants to buy in, or someone wants to cash out?
Which banks and brokerages work well for multiple account owners with low costs?