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Updated over 4 years ago,
Starting a notes crowdfunding business
I have been an active notes investor for about 15 years but only using it to build my portfolio. I have over time pooled resources with family to make larger acquisitions. I am now looking to expand to outside investors through a crowdfunding approach but cannot seem to find any information or education. I need help with:
- Legal ramifications for collecting other peoples money ( I have the SEC rules but is there anything else)
- Purchasing entities (Do you have to form new entities for every deal/ property?)
- Taxes and distributions (Can all deals be purchased under 1 name and distributions/ taxes be divided to different investors)
Thank you