The most common types of investment accounts include individual, joint, and tenancy-in-common accounts, as well as entity accounts such as trusts, limited liability companies, limited partnerships, C corporations, and S corporations. Additionally, individual retirement accounts (IRAs) and 401ks are also popular investment accounts.
If you become a partner in the LLC that acquires the properties, you will receive a K-1 form. The purpose of a K-1 is to provide investors with detailed information about their share of the partnership’s taxable income. Partnerships are typically not taxed at the federal or state level, but instead provide a K-1 to each investor, reporting their portion of the partnership’s income, gains, losses, deductions, and credits. K-1 forms are issued to investors annually, enabling them to include K-1 amounts on their tax returns.
An accredited investor is someone who meets one of the following requirements:
Has a net worth of over $1 million, either alone or with a spouse (excluding the value of their primary residence). Earned income that exceeded $200,000 (or $300,000 with a spouse) in each of the previous two years, and reasonably expects to earn the same for the current year.
In addition to individuals, certain organizations such as trusts, partnerships, corporations, and banks may also qualify as accredited investors. If you fall under any of these organizations, you may be considered an accredited investor:
any trust with total assets over $5 million, not specifically created to purchase the securities in question, and whose purchase is overseen by a knowledgeable person.
A Sophisticated Investor may not have the same qualifications as an Accredited Investor, but they possess investment experience. This suggests that the individual believes they have the necessary knowledge and comprehension in financial and business matters to evaluate the benefits and risks of a potential investment.
Our investment alternatives are available to both accredited and experienced investors. However, to access our current offerings, you will need to register first.
Investors will receive quarterly distributions
The investor funds are utilized for covering the complete acquisition cost of the property, which encompasses the down payment required for purchasing the property, acquisition charges, transaction and legal expenses, reserves, as well as capital improvements, among others.
Enjoy passive real estate income without the hassle of management.
Sign up to receive Kimcredible Capital Partners opportunities and other updates regarding your next Multi Family Property Investment.
The information on this website should not be considered an offer to buy or a solicitation of an offer to sell an investment interest. Any such solicitation or offer will only be made through the Confidential Private Offering Memorandum of the specific investment. Only investors who meet the requirements for accredited investors under the Securities Act of 1933, as amended, or those with financial knowledge and the ability to assess the risks and benefits of potential investments, are granted access to information regarding the investments.
Please enter your username or email address. You will receive a link to create a new password via email.