Syndication FAQs

Can I invest in the offering from my IRA funds?
Yes, you can buy units in the Carolina project offering using either your Traditional IRA account or Roth IRA account. You need to ensure that your custodian allows you to invest funds via private placement offering. Custodians such as Self Directed IRA trust or Forge Equity Trust companies will allow you to invest in the private placements of securities offered via 506(B) offering.
Will capital gains from the investment invested through IRA, taxable?
Capital gains will either be tax deferred or tax free if amount from Traditional IRA or Roth IRA was used to invest in the project/investment.
Do I need to qualify has accredited investor to invest ?
No. However as the offering is 506(b) offering, it is limited to 35 non-accredited investors
What is the definition of accredited investors?

An accredited investor, in the context of a natural person, includes anyone who:

  • earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
  • has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
  • holds in good standing a Series 7, 65 or 82 license
Do I have an option to sell units to someone else?
No. The investors have no option to sell the units to third party or other investor. In some investments depending on the PPM, this may be possible. Please contact investment manager to confirm before you invest.