Last week, we looked at exemptions to registration under Regulation D itself in Part 1 of the blog series on private placements. Let’s continue our discussion of private placements by exploring distribution waterfalls in Reg D programs.
Over the past year or so, FactRight has seen an increase in the number of private placements in the retail space alternative space as sales of public, non-traded products decline. While many in the industry have a good understanding of the differences public and private investment programs, it[...]
Listing Notice Overview
A year ago, the IRS published Listing Notice 2017-10, which notified taxpayers that they will be treated as having participated in a listed transaction under Section under Section 6111 and 6112 of the Internal Revenue Code and Section 1.6011-4(b)(2) of the Treasury[...]
Earlier this week, the UDF family of funds (consisting of all the non-listed United Development Funding investment programs syndicated through the retail broker dealer channel, among others) filed suit against J. Kyle Bass and Hayman Capital Management, L.P., and affiliates, based on multiple[...]
A growing number of broker dealer and investment advisor clients requesting due diligence on Regulation A offerings from us demonstrates the inroads these deals continue to make in the financial services industry. And the pipeline of offerings continues to increase. In the third quarter of 2017,[...]
Filed Under: Regulation A+
It’s 10-Q review season again, and at FactRight and FR Risk Management, we’re assessing the filings for many public, non-listed investment programs and updating our ongoing reviews for our clients. It’s a good time to share pointers on how to perform efficient and effective due diligence on[...]
Each quarter, FactRight publishes several commercial real estate sector outlooks. These sector outlooks help broker-dealers and RIAs stay informed about the health of each commercial asset type, as well as assess which real estate-related alternative investment products may be right for their[...]
As a large share of alternative investments we cover at FactRight are real estate-based, we’re chewing on a couple recent blog posts from commentators over at NAREIT regarding current real estate values, which will interest many of our blog readers and clients.
As we move toward the end of the year, you may find yourself reviewing a land syndication that gives investors the option to encumber the property with a conservation easement, which would generate a charitable deduction for federal tax purposes. We thought that a brief primer on conservation[...]
Today, the Republican members of the House Ways and Means Committee released the long-awaited tax bill—the proposed Tax Cuts and Jobs Act. Should it, or something anything like it, be signed into law, the wide-sweeping legislation would represent a momentous overhaul of deductions, brackets,[...]