Vendors who make sales that are “per se” exempt must maintain adequate records to substantiate the exemption. 

Much depends on the nature of the LLC. 

He knows you are a pushover so naturally he will see where your line is !

I'm half way thinking of walking away from it but I'm considering the natural appreciation that the Midtown area should have in 10 yrs. 

We have small children so it's only natural we as well as our family is very concerned with what we have just embarked on.

When evaluating a syndication, always look at the projections to ensure they are conservative in nature!

What about those who participate in that syndication, aside from the fact that their involvement is much more passive in nature.

I am a financial advisor by trade, so I have a decent amount of real estate knowledge, due to the nature of my career.

While it is possible to have all moneys in one company and split it into two buckets for tax preparation - it's much easier to do when they are already naturally separated between two LLCs.2.

Investors are angry Capella earned over $100K in origination fees on that deal and claim Capella did not do adequate due diligence, disclose conflicts of interest, and acted in their borrowers interest and not the investors interest.