What are the tax implications of my investment?
Our company has affirmatively elected for each series of interests in the company to be taxed as a “C” corporation under Subchapter C of the Code, and expects that each series will be treated as a corporation for all federal and state tax purposes.
As a “C” corporation, we will distribute 1099s to you for any calendar year in which you
a) sold your holdings and/or
b) received distributions in excess of $10.