FREQUENTLY ASKED QUESTIONS
You can get started as an investor with by first reaching out to us to set up a phone call. After that click on the link where it say “create an Account” this will direct you to our secure investors website where deal happen.
The entire account creation and investment process is completed online via the Mosaic Equity Group investors website. You will be prompted to provide or verify any required information, as well as make the necessary acknowledgments electronically
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.
Yes, this will be a blind fund. That means that you may not know any or all the investments that will go into the fund before you invest. The investments will be made according to our investment criteria mentioned before.
It is anticipated that bank or seller financing will generally account for between approximately sixty per- cent (65%) and seventy percent (75%) of the gross fair market value of each Property. Special exceptions can be made for sponsors with proven records
Upon admittance into the Investment Entity, an Investor’s account begins to accrue a return 90 days after admission to the Mosaic Equity Group Fund 1. We anticipate the Initial Funding Date will be second quarter 2022, with the potential of subsequent closes in the event that the Fund Manager continues to accept capital contributions.
MEG’s goal is to begin distributions by the conclusion of Q1 2022.
MEG intends to make distributions within 60 days after the close of each quarter.
In conjunction with the Fund Manager, MEG will furnish Members with a Fund update, which reports various activities and operations of the Fund. This report can range from 1-10 pages depending on the volume of activity for a given quarter. Annually, you will receive a K-1
This can vary. If you are unable to invest prior to the Initial Funding Date, your capital (if permitted into the Investment Entity) will generally be invested within 60-days after your date of investment.
No. Your own a portion of the Fund and the Property. You will receive the bonus depriciation.
An accredited investor, in the context of a natural person, includes anyone who:
- Earned income that exceeded $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 over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence)
On the income test, the person must satisfy the thresholds for the three years consistently either alone or with a spouse, and cannot, for example, satisfy one year based on individual income and the next two years based on joint income with a spouse. The only exception is if a person is married within this period, in which case the person may satisfy the threshold on the basis of joint income for the years during which the person was married and on the basis of individual income for the other years.
In addition, entities such as banks, partnerships, corporations, nonprofits and trusts may be accredited investors. Of the entities that would be considered accredited investors and depending on your circumstances, the following may be relevant to you:
- any trust, with total assets in excess of $5 million, not formed to specifically purchase the subject securities, whose purchase is directed by a sophisticated person, or
- any entity in which all of the equity owners are accredited investors.
In this context, a sophisticated person means the person must have, or the company or private fund offering the securities reasonably believes that this person has, sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of the prospective investment.
*Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties. Neither Mosaic Equity Group nor any of its affiliates provide tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Offers to sell, or solicitations of offers to buy, any security can only be made through official offering documents that contain important information about investment objectives, risks, fees and expenses. Prospective investors should consult with a tax or legal adviser before making any investment decision.