FAQs

Common investment account options encompass individual, joint accounts, tenancy in common, entity accounts (such as Trusts, Limited Liability Companies, Limited Partnerships, C Corporations, S Corporations) and individual retirement accounts.

Yes, you have the opportunity to invest through your IRA. In case you possess a self-directed IRA currently, please verify with your present custodian whether they permit you to allocate your investment with Castle Crest Capital. If you haven’t yet transitioned from a traditional IRA to a self-directed one, you will need to contact a custodian for assistance. If you require a recommendation, we can connect you with the entity we personally utilize.

As a member of the Limited Partnership that acquires the properties, you will be provided with a K-1. A K-1 functions as a tax form employed by partnerships to furnish investors with comprehensive details regarding their portion of the partnership's taxable income. Partnerships usually don't undergo federal or state income tax; instead, they furnish a K-1 to each investor for reporting their share of income, gains, losses, deductions and credits. K-1s are issued annually to investors to enable them to include K-1 amounts in their tax filings.

An accredited investor, when referring to an individual, encompasses anyone who:

• Earned income surpassing $200,000 (or $300,000 in conjunction with a spouse) for each of the last two years, and reasonably anticipates the same for the present year, OR
• Possesses a net worth exceeding $1 million, either individually or together with a spouse (excluding the primary residence's value).
  

Moreover, entities like banks, partnerships, corporations, nonprofits and trusts may also be considered accredited investors. Among these entities that qualify as accredited investors, the following could be pertinent to your situation:

• Any trust possessing total assets exceeding $5 million, not formed solely for acquiring the mentioned securities, with investments directed by a sophisticated person, or
  
• Any entity where all equity owners qualify as accredited investors.
  

In this context, a sophisticated person signifies someone who possesses, or the offering company or private fund believes that the individual possesses, adequate knowledge and experience in financial and business matters to assess the potential investment's pros and cons.

A Sophisticated Investor falls short of meeting the criteria for an Accredited Investor but possesses prior investor experience. This might entail an individual believing they hold enough knowledge and experience in financial and business matters to evaluate the advantages and risks of the potential investment.

Yes, but we are also open to exploring your experience to find out if you are a Sophisticated Investor. You’ll need to register to view our current offerings.

Distributions are planned on a quarterly basis.

Investor funds are allocated for the entire property acquisition cost. This encompasses, but isn't restricted to, the down payment for the property's actual purchase, acquisition fees, legal and transaction expenses, capital enhancements and reserves.

Yes. Investors have the liberty to visit the property both before making an investment and during the project's duration. If you provide us with a heads up, we can ensure that someone is present to guide you through and address any inquiries you may have.