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Limited Partnership
Unfortunately, my investment club bought SEP not realizing
it is a limited partnership.
So, we'll want to sell it. We've only owned it a week. Do
you think it help mitigate the bookkeeping headaches if we
sell it right away? In other words, is there any 'rush' to
get rid of it? Or is the damage done?

Yes. Sell it ASAP. The longer you hold it, the more tangled and complicated your issues with it will become.

Laurie Frederiksen
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www.bivio.com

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On Wed, Oct 26, 2016 at 3:20 PM, Linda Glein <linda.glein@gmail.com> wrote:
Unfortunately, my investment club bought SEP not realizing
it is a limited partnership.
So, we'll want to sell it. We've only owned it a week. Do
you think it help mitigate the bookkeeping headaches if we
sell it right away? In other words, is there any 'rush' to
get rid of it? Or is the damage done?


If you really want this company consider SE, spectra energy corp.

Bob
> On Oct 26, 2016, at 3:23 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
>
> Yes. Sell it ASAP. The longer you hold it, the more tangled and complicated your issues with it will become.
>
> Laurie Frederiksen
> Invest with your friends!
> www.bivio.com
>
> Become our Facebook friend! www.facebook.com/bivio
> Follow us on twitter! www.twitter.com/bivio
> Follow Us on Google+
>
> Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe
>
>
>
> On Wed, Oct 26, 2016 at 3:20 PM, Linda Glein <linda.glein@gmail.com> wrote:
> Unfortunately, my investment club bought SEP not realizing
> it is a limited partnership.
> So, we'll want to sell it. We've only owned it a week. Do
> you think it help mitigate the bookkeeping headaches if we
> sell it right away? In other words, is there any 'rush' to
> get rid of it? Or is the damage done?
>
>