The disadvantages for a limited partner are no different. Let's start with illiquidity, because selling limited partnership shares could take months. Second, even though property values ​​tend to maintain or increase, there are also periods when property values ​​decline. The third disadvantage is management problems. Decisions made by management can influence investors who are blissfully unaware of events because they are not involved; this means that a limited partner, despite not being involved in the paperwork, must still be aware of the ongoing actions. Another disadvantage is the lack of tax protection, while the limited partnership offers a tax advantage regarding business tax, the income is still included in personal income. The Tax Reform Act of 1986 limits the ability to use real estate investment losses from dividends and interest, essentially dissolving the tax shelter aspect of real estate.