Your English writing platform
Discover LudwigExact(5)
An ordinary partnership in terms of distribution.
A limited liability partnership has characteristics of both an ordinary partnership and a limited company.
An ordinary partnership has no legal existence that is separate from the partners themselves.
It must be registered at Companies House and is more closely regulated, so costs more both in management time and fees than an ordinary partnership.
An ordinary partnership is created automatically when you agree to go into business with someone, so you don't legally have to write anything down.
Similar(55)
The FLP is an "ordinary" limited partnership, organized under state law, in which the partners happen to be a small, closely related group.
"The Dylan Ratigan Show" is running a weeklong "No Way To Live" series on the financial crisis and its impact on ordinary Americans, in partnership with The Huffington Post.
If you have $1,000 or more of ordinary income from partnerships coming in, the IRA may get entangled in rules about "unrelated business taxable income," a complex part of the tax code aimed at preventing nonprofit entities like universities from running businesses like spaghetti factories and escaping corporate tax.
Crimson Hexagon is more above the board, with ordinary venture investment and partnerships.
If you earn a nice salary or have income (say, from an S corp or partnership) taxed at ordinary rates of up to 35% and you don't have cash lying around, consider selling stock losers.
And that's his proposal -- made over the objections of the Democratic staff of the House Ways and Means Committee -- to tax profits on the sale of an investment management partnership at the ordinary income tax rate.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com