How do I get started as an investor with JorJew Group?
You can get started as an investor with the JorJew Group here: https://jorjewgroup.com/register
The entire account creation and investment process is completed online via the JorJew Group website. You will be prompted to provide or verify any required information, as well as make the necessary acknowledgments electronically.
What type of accounts can I invest through?
We currently support personal investment accounts, joint accounts, and certain entity accounts (Trusts, Limited Liability Companies, Limited Partnerships, C Corporations, and S Corporations). For more information on IRA accounts, see below.
Can I invest through my IRA?
Yes, as long as you are the custodian and you have a Self Directed IRA
What is a K-1?
As a partner in the LLC that purchases the properties, you will receive a K-1. A K-1 is a tax form used by partnerships to provide investors with detailed information on their share of a partnership’s taxable income. Partnerships are generally not subject to federal or state income tax, but instead issue a K-1 to each investor to report his or her share of the partnership’s income, gains, losses, deductions and credits. The K-1s are provided to investors on an annual basis so that each investor can include K-1 amounts on his or her tax return.
When will the K-1 be available to investors?
Our goal is to finalize all K-1s by March 31st, however, we do rely on outside reporting and may require additional time to furnish the forms in a way that is to the investor’s best advantage. Accordingly, you may be required to obtain one or more extensions for filing federal, state and local tax returns.
Am I a non-accredited investor?
A non-accredited investor, in the context of a natural person, includes anyone who:
earned less than $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
has a net worth less than $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).