Do I qualify as an Accredited Investor?

[Brett Whaley]

I have seen an individual needs $200k income for the past two years and reasonable expectation of doing so the following year to become an accredited investor. This jumps to $300k if investing with spouse.

My wife is a stay at home mom, and I clear $200k on my income alone. We file joint tax returns. Does this mean I need $300k or does my $200k qualify if I start investing under my name alone? Thanks in advance for any help.

[Scott Anderson]

Originally posted by @Brett Whaley:

I have seen an individual needs $200k income for the past two years and reasonable expectation of doing so the following year to become an accredited investor. This jumps to $300k if investing with spouse.

My wife is a stay at home mom, and I clear $200k on my income alone. We file joint tax returns. Does this mean I need $300k or does my $200k qualify if I start investing under my name alone? Thanks in advance for any help.

 Is your net worth >$1,000,000? That’s also how you’re labeled accredited.

Also, there’s no registration or certificate or anything that says you are.  This is up to the other party’s due diligence to look into you.