How Do I Get Started Investing With Moneil Investment Group?
The sec defines an accredited investor as an individual with a net worth of at least $1 million or an annual income of $200,000, or $300,000 for married couples, for at least three years
What Is A Sophisticated Investor? Can Non-Accredited Investors Also Invest?
The sec defines a sophisticated investor as an individual who has enough knowledge and experience in business matters to evaluate the risks and merits of an investment. in syndications which are offered through the 506b exemption, sophisticated, non-accredited investors are permitted to invest as long as they have a pre-existing relationship with the sponsor
What Type Of Accounts Can I Invest With? Can I Invest IRA, QRP, Or 401K Money?
yes. we currently support personal investment accounts, joint accounts, and certain entity accounts (trusts, limited liability companies, limited partnerships, c corporations, and s corporations). you will need to contact your ira, qrp, & 401k provider to obtain the required forms if investing with a retirement account. returns will be issued to the retirement account. discuss with your cpa & retirement plan custodian to learn more about the tax treatment.
What Is A K1? When Do We Receive Them?
as a partner in the llc that purchases the properties, you will receive a k-1. a k-1 is a tax form used by partnerships to provide investors with detailed information on their share of a partnership’s taxable income. partnerships are generally not subject to federal or state income tax, but instead issue a k-1 to each investor to report his or her share of the partnership’s income, gains, losses, deductions and credits. the k-1s are provided to investors on an annual basis so that each investor can include k-1 amounts on his or her tax return. our goal is to finalize all k-1s by march 31st, this way investors have them in hand for tax season.
How Are Distribution Levels Determined And How Frequently Are They Paid?
Distributions are a function of income generation at a property for a given period. we generally target distributing the offered preferred each quarter, in addition to any additional upside at the end of q4 each year. if a property performance is strong, distribution levels can be above projections and if property performance is weaker than expected, distributions may be below targets.
How Are Investors Compensated Upon A Refinance?
In the event of a refinance, investors would be compensated as they would for a capital transaction. in other words, at refinance, any proceeds received will go directly back to investors, paying down their initial principal. this decreases investors initial equity exposure, while maintaining their pro rata share of ownership within the deal.
How Do Interest Rate Moves Impact A Property’s Distributions?
Interest rates would rise likely in the event of 1) inflation or 2) strong economic growth. typically, in an inflationary environment, or during periods of strong economic growth we are able to collect higher rents as cost of living increasing. the same would apply in the inverse; weaker economic situations would have implications for occupancy and rent growth, however, lower interest rates would be likely reducing our interest burden. in most cases, especially in periods in which we are vulnerable to interest rate rises, we prefer to use long term, fixed rate debt which serves as a hedge against inflation.
Where Can I Find Quarterly Performance Reports On The Assets I Invested In?
Our investor portal has secure access to view monthly income statements, important documents, and quarterly reports. if you have yet to set up a portal account, be sure to visit our website or contact our team.
If I Need Money For An Emergency Is There An Early Exit Option? What Are Possible Ways To Exit And How Will Moneil Investment Group Assist?
Our investments should be considered illiquid but we will make our best effort to accommodate emergencies/unusual circumstances in which we will either find another investor to purchase your existing position or buy it out ourselves.