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https://www.thetaxadviser.com/issues/2013/feb/casestudy-feb2013.html
Primary participant: A member’s participation in the activity for the current year constitutes substantially all of the participation of all individuals in the activity (including individuals who are not owners of interests in the activity). Maximum participant: A member participates in the activity for more than 100 hours during the current tax year, and this is not less than the participation in …
https://www.bizapedia.com/tx/estate-partners-llc.html
Estate Partners, LLC is a Texas Domestic Limited-Liability Company (Llc) filed On June 2, 2011. The company's filing status is listed as In Existence and its File Number is 0801434195. The Registered Agent on file for this company is Michael J. O'donnel and is located at 4900 Woodway Dr. Ste 760, Houston, TX 77056.
https://www.thetaxadviser.com/issues/2012/apr/clinic-story-09.html
The existing regulations allow even a limited partner to qualify by participating for more than 500 hours, but they prohibit limited partners from qualifying under several other tests that are available to sole proprietors or partners other than “limited partners.”
https://www.upcounsel.com/rights-of-a-limited-partner
If a limited partner ends up putting in 500 hours or more a year, they could wind up being considered a general partner. Something else a limited or silent partner will want to consider is that if they’re in a position to exercise a great deal of control over the company or have a lot of input over the day-to-day operations, they could then be held liable, just as a general …
Sage Law, LLP is a full-service law firm with expertise in complex Estate Planning, Civil Litigation and Business Services. We have no junior lawyers and no attorneys-in-training. All of our attorneys have at least 15 years of experience solving legal challenges for clients in Kansas, Missouri and throughout the country.
https://www.hinklaw.com/about/
March 1, 2011. Hinkle Elkouri Law Firm changes its name to Hinkle Law Firm LLC to reflect the departure of founding member David Elkouri. “Many people have referred to us simply as ‘Hinkle’ for a long time because it is a respected and recognized name in the legal community,” managing member Mitch Herren said.
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