Updated about 5 years ago on . Most recent reply
Unregistered security/ accredited investor question
Question for a CPA or tax attorney... if there’s an unregistered security that requires you to be an accredited investor to invest... is there a legal way to invest if you aren’t “accredited”? Example, if your friend was accredited and they invested for you? Specifically looking to see how the taxes would work if you were to (hypothetically) double your investment. I would think the accredited investor would be whacked with taxes on the gain, then once they gave it to you, that would be a taxable event as well...