Legal Question in Real Estate Law in New Jersey

Re: Sale of Partnership Interest in Commercial Real Estate

Tax implications of any transaction are complicated and depend on your general financial picture, income, investments, how long each investment has been held, etc.

Also, there may be provisions in the company's documents that govern how an interest in the company will be sold and structured.

You need to consult with a business transactions and tax lawyer to guide you. There are no simple form documents for this.

This response is not legal advice, since I do not have all of the information that would be required, and I do not have a representation agreement with you.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.