Frequently Asked Questions
Q: Do I have to be an accredited investor and what exactly does that mean?
Yes.
We must learn more about you before you request an invite to our investment opportunities.
Generally, you are an accredited investor if any of the following are true:Â
- Annual income greater than $200k (for the last 2 years)
- Joint household income greater than $300k (for the last 2 years)
- Net worth greater than $1M (excluding your primary residence, either individually or jointly with your spouse)
- You invest on behalf of an entity with at least $5M in assets or a business which all the equity owners are accredited investors.
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(per the full SEC definition)
Q: If I place my money in a fund, do I own shares of a portfolio or a single property?
It’s a diversified portfolio of properties that you own your pro rata share in. In short you share in the entire portfolio.
Q: Can I use any of the STR properties for a vacation?
Yes, you can stay in them for up to 30% off as one of your investor perks.
Q: Is Accelerated Depreciation passed down to the investor? If so, how is this done?
Yes, via a K1 tax form.
Q: Do you support 1031 exchange?
It varies by deal, so inquire within.