Syndicators: If you accept IRA/401k money, how do you...

[Marc C.]

...handle the required Fair Market Value form every year? 

https://www.theentrustgroup.com/FMV

• "It is required by the IRS for proper tax reporting.
• If you are using a third party to evaluate the value of an asset, the valuator must sign and date the form.
• The form must be sent to Entrust with supporting documents.
• A separate FMV Form must be completed for each asset held in your account."

LLCs and Entities

A value of each asset within a limited liability company (LLC) or entity is required in order to determine the value of the LLC or entity. Real estate assets owned in an LLC or entity must be evaluated by a third party. Other assets owned in an LLC or entity, such as bank or brokerage accounts, should have year-end statements proving their value.

Private Placements

The value of the asset may be provided by a qualified third party, but they must provide sufficient supporting documents with the Fair Market Valuation Form.