Real Estate Crowdfunding

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Jennifer Lund
  • Investor
  • Kansas City
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K-1 not sent out until fall for prior year?

Jennifer Lund
  • Investor
  • Kansas City
Posted Jan 11 2022, 10:03

I found a syndication that I feel comfortable with. Prior to investing, I asked about the K-1 planned delivery. The response surprised me: "In the fall, we tell our investors to file an extension". 

Have any of you encountered this? I just don't get it, this means more work and $$ for myself and my acccountant.

Advice?

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