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Tax, SDIRAs & Cost Segregation

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Matt Geerts
  • Investor
  • St. Thomas, Ontario
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692
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Securities soliciting, private mortgage

Matt Geerts
  • Investor
  • St. Thomas, Ontario
Posted Apr 27 2016, 11:03

Would it be considered "Soliciting securities" if I publicly advertise that I'm looking for someone to hold a mortgage on a house for me? I am not looking for someone to share in profit/loss as a capital investor, only for someone to act as a lender.

I want terms that would not be available at a bank, and I'm willing to pay a rate high enough to make it worthwhile, I just don't know if it is legal to ask publicly for this type of service.

Thanks

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