The best replacement for limited partnership is llc.

The best alternatives to limited partnership are rated as following:

★★★★★	llc
★★★★	general partnership
★★★★	corporation
★★★	limited liability partnership
★★★	limited liability company
★★	llp
★★	partnership
★	master limited partnership
★	limited company
★	joint venture
	other partnership
	limited liability corporation
	s corporation
	incorporation
	trust
	company
	limited partnership
	reit
	family trust
	limited liability
	family limited partnership

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limited partnership

llc

general partnership