Has anyone else been unclear on the exact thresholds? The guide at https://thelsmgroup.com/blog/how-to-become-an-accredited-investor-in-the-us lays them out plainly: $200,000 individual income (or $300,000 jointly) in each of the last two years with a reasonable expectation of the same; net worth over $1 million excluding the primary residence; or an active Series 7, 65, or 82 license. It also explains how home-secured debt can still count against the net-worth test even when the home’s value is excluded. Practical detail that helped me run the numbers.
Has anyone else been unclear on the exact thresholds? The guide at https://thelsmgroup.com/blog/how-to-become-an-accredited-investor-in-the-us lays them out plainly: $200,000 individual income (or $300,000 jointly) in each of the last two years with a reasonable expectation of the same; net worth over $1 million excluding the primary residence; or an active Series 7, 65, or 82 license. It also explains how home-secured debt can still count against the net-worth test even when the home’s value is excluded. Practical detail that helped me run the numbers.