No, the Fund is only for accredited investors. Therefore, we are not required to register with the SEC. A person can be an accredited investor based on their income, assets, or experience. Call us or use this worksheet to determine whether you’re an accredited investor.

Yes, the IRS will know about the investments in the Fund. But that’s okay because our fancy tax lawyers have structured the Fund to minimize and, in some cases, completely eliminate tax liability—legally. So, we have nothing to hide from the IRS.

Yes and no. Yes, it is possible to lose your entire investment in the Fund. But, for that to happen, customers with few options would have to boycott buying from us, causing us to lay off our employees and close our doors. Even then, we’re developing hard assets that could be sold to recoup some of our investment. By law, after we paid our creditors, we’d have to distribute the rest of the sale proceeds to our shareholders before closing the Fund. So, the likelihood of a total loss is remote. Still, to make an informed decision about investing, you should first read our Subscriber Agreement and this entire website. You can also talk with us about our investment strategy as there is proprietary information that we don’t publish anywhere.

We can’t. No one can be sure that an investment will pay off. In fact, the first sign of a scam is if they tell you how much you’re going to earn on the investment. The economy is cyclical, but it also is compartmentalized. One community can be in a recession while another is booming. So we analyze local economies. We choose localities that are on the rise and that are supported by substantial, long-term investments from major corporations such as Meta and Microsoft. We do not believe that the local economies will falter unless the big companies supporting them also falter.

Further, we immerse ourselves in the communities in which we invest. We make sure that each of our offerings solves a pain point for that community. We hire local, engage with the community, and we’re laser focused on the customer experience. So, we believe our businesses will be profitable even as more competition comes on line. 

Sure, you can take your money out after 12 months, but taking money out defeats the purpose of investing. Taking money out means paying taxes and missing out on share appreciation. If you have an emergency (such as an illness or divorce) or a major planned expense (such as a wedding, home purchase, or college tuition), you can borrow against your investment in the Fund the same way tech founders keep their stock and use it as collateral to buy their homes and toys. So, we recommend that you leave your investment in place for at least 10 years when you’ll be able to take it (and all the appreciation) out tax free. But if you want you want your money back sooner, we have liquidity and will honor your request. 

The value of shares can increase overnight based on the Fund’s receipt of economic development incentives or tax incentives or an appraisal of real estate that was recently renovated, among other possible reasons.

If an investor were to invest on a Wednesday and we received an incentive on Thursday and we allowed the new investor to cash out, taking the incentive money, a few bad things would happen:

1. We’d be violating the terms of the incentive we received because incentives are provided for specific reasons such as construction costs or creating jobs, not giving money to our shareholders.
2. We might inadvertently participate in a financial crime, such as money laundering, if a criminal invested money in the Fund then withdrew the money to make it look legit.
3. We could face civil liability if an existing investor believed a new investor received confidential information about when an incentive was expected.
4. The investor who cashed out overnight would owe taxes at ordinary income tax rates which are as high as 37%. That investor not only would have deprived the Fund of money but also would have given a large chunk of the money over to the government.

To avoid all of those undesirable outcomes, we require a minimum holding period of 12 months.

Yes, but you can only sell your shares back to the Fund. That means you cannot sell or transfer them to a third party, even a relative. The main reason we restrict the sale of shares is because of government regulations that require us to transact only with accredited investors and to know our investors and make accurate tax filings. 

If you die before the suggested 10-year holding period ends, to ensure that the tax benefits are retained by your heir(s), we allow the shares to be distributed to the heir. Then, neither your estate nor the heir pays any tax on the appreciation that accumulated while you were alive. After the transfer, we either buy the shares from the heir at their current market value or we permit the heir to stay invested in the Fund by complying with the investor requirements set forth in our Subscriber Agreement.

When you sell your shares to the Fund, we will redeem your shares at the share price as of close of business on the date you request a redemption. We must notify the IRS and possibly your state Department of Revenue when you sell any portion of your shares in the Fund, and we may be required to withhold taxes.