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Updated over 5 years ago,
Cash Account used as an LP for Syndication Funding Post Tax
Hey All,
As I am about to begin investments into the RE syndication realm had a question or two would appreciate your help on in regards to some logistics. For those who invest in RE syndications as an LP specifically from a Post tax account (not SDIRA), what type of accounts/account features do you house your cash that is pegged for RE syndication use/funding? What features are important to these type of cash accounts. Does one use for example a brokerage account cash position say at like a Fidelity or Schwab or do people use like a high interest savings like a Ally Bank, or Cap One 360 etc? Just trying to figure out where to move the cash pinned for use as funding for syndications as an LP for future investments and then have proceeds go back into that account for subsequent syndication investments. Is the funding cash usually wired?
Thanks
Duke