Each investor's motivation for selling their partnership investment is different: need or desire for cash, changing investment objectives, profit/loss taking, market concern, liquidating estates, trusts or pensions. Everest has always provided a commission-free solution to converting this illiquid investment into cash. Perhaps some of the following reasons to sell your limited partnership units apply to you? If so, give us a call.

The limited partnership is no longer making distributions.
Everest does not rely on regular distributions from the partnership; we can hold onto these investments indefinitely. Many investors simply cannot or do not want to wait that long to cash in their investment.

You may wish to seek other investment opportunities with a current yield.
Even though the current selling price of your units maybe much less than you originally paid for them, it may be wise for you to cash in now and invest in an opportunity that will generate a current yield. It is very unlikely that a limited partnership investment will grow in today's market.

Eliminate troublesome K­1's and the tax preparation fees that accompany them.
The IRS form K-1 is one of the most complicated tax forms. It usually requires a certified public accountant to interpret a K-1 and incorporate the data into your tax returns. This results in substantial additional tax return preparation fees. K-1's are notoriously late and often trigger additional charges for preparing tax extensions and rework. IRA investors holding limited partnerships typically incur substantial annual custodian fees.

Limited partners have become disenchanted with the performance of their investment.
Many investors have found that their limited partnership investment simply has not performed to their expectations. The annualized rate of return from a great many of the partnerships is below the investment returns obtained from US Treasury bonds. Many investors have decided to liquidate now, take advantage of the tax loss and re-invest in hopes of recouping some of their money. Everest minimizes your loss by not charging sales fees or commissions.

You may have an unrealized tax loss, which is more valuable the earlier you take it.
Be sure to consult your financial or tax advisor on what is best for you and your situation. Chances are that most investors will realize a taxable loss when they sell their units to Everest, which can be utilized by the investor to offset capital gains, and by an individual investor, to offset up to $3,000 of earned income in any taxable year according to the current tax laws. Again, every person's situation is unique, so be sure to consult your CPA.

The high cost of holding Limited Partnerships in pension and IRA's is often more than the return on the investment.
Those investors that own limited partnership investments in an IRA or other retirement investment vehicles find that custodians charge fees to maintain these retirement accounts. These fees plus the individual tax fees are often more than the distributions from the partnership.

If Everest wants to purchase my limited partnership, they must be expecting to make money.
Absolutely! We are long term investors and we hope to make a return on our investment in limited partnership units, just like you did when you bought them. That doesn't mean you shouldn't sell. Everest has many advantages over individuals when it comes to investments in limited partnership units, whereas other types of investments may be better suited to the individual investor. Everest doesn't need liquidity - the ability to sell investments at any time. Everest doesn't suffer the accounting, custodial or other fees that individuals might suffer for holding this type of investment. Everest accumulates much larger positions by buying many units in a single partnership creating an economy of scale.

Call Stacey McClain at 1-800-611-4613
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