General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago on . Most recent reply

multiple member LLC as accredited investor
I'm presently a member-manager for an LLC that has 3 members. Each of us is likely an accredited investor, after totaling shares of other LLCs we are members of. I'm assuming that in order for myself, as manager, to invest in syndications requiring accreditation, we would all 3 have to qualify and approve the involvement in such a deal. Is this correct? Or does only the manager need to be accredited (though this option doesn't seem likely)?
Also, is there any way to exchange into a syndication? Or must we first pay taxes and then participate in the deal?
Thanks!