All Forum Posts by: Ivan Souvorov

Hello all - I am in the process of planning a syndication business and want to get a better grasp on SEC exemptions.

Under certain Reg D exemptions the SEC allows up to 35 non-accredited investors... Is this 35 per deal? Per year across the company on all deals? How does this work?

Under certain exemptions the SEC requires you to file the exemption. Can you file different exemptions for different deals? For example a 504 for deal A and a 506 for deal B? or are you limited to only one type of exemption once for your company, or is there flexibility?

Thanks for your response.

The loan was a fixed 8% interest which has been returned over the last few years on a monthly basis that I have paid my tax on. 

If it is a return on loan, is it up to my friend to deduct those payments as loan return with the IRS or I'm wondering how the IRS would know it is a return of loan?

Hello all,

A few years ago I let my friend borrow 40k for a real estate project.

A good portion of those funds are being returned to me this year.

Is there anything I need to do specifically with the IRS to avoid paying taxes again on these funds?