Updated over 3 years ago on . Most recent reply
Syndications - Are Accredited Inv. Allowed To Use Funds from JVs?
Hello,
I have not yet invested in a Syndication, but am planning on selling some SFHs soon and heading that direction. I understand most of the rules, structures etc......
I own those SFHs in both a JV and LLCs with a partner. Once I sell those I will qualify as an Accredited Investor, but my partner will not.
Can I use funds in those respective accounts to invest in Syndications that require me to be Accredited? I realize that IF this is allowed we made new to change our Entity Documents.
Thanks, Dan Dietz
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Todd Dexheimer
#2 Multi-Family and Apartment Investing Contributor
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
I you are investing individually, then you're fine. If through you're partnership LLC, then you may not qualify