Private funds/reporting

[Drew McKinney]

Hello all,

When one receives private funds from say two different parties 50k each to buy a 100k property for example.  Friends and family will say are the investors.  Does this need reported or claimed anywhere for the irs? I guess my question is does the irs or sec care that you're depositing large amounts of other people's cash into your bank account before close or is that what the escrow and closing officer is used for so that you don't have to put those funds into your account and draw attention per say?

Thanks!

Drew