itonewbie
Level 15

@dbtaxsolutions wrote:

It is a crowd funding group, you can actually call directly to SEC and they have no nay or yay about it as it is not required to be registered with SEC, it's not trading, rather it is crowd funding. 


How it labels itself is not important.  It's the substance that matters.  You will need to exercise your professional judgement to determine the proper tax treatment.  This Community is here to help people bounce off and flesh out ideas.  No one will be able to confirm one way or the other.  Even if there is, that wouldn't give you any validation or defense in case of an audit.

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Still an AllStar