Mogul webinar February 26, 2020

1. Millionacres Mogul Webinar
February 26, 2020

2. • San Diego event - Mar. 24-25 -- still on!
• New recommendation pages
• CRE deal pipeline
• Coronavirus and U.S. real estate
• K-1 basics
• Live Q&A
Topics we’ll
cover today

3. Questions? help@millionacres.com

4. CRE Pipeline -- as of Feb. 25
Multi-tenant industrial property in top East Coast market
Core-plus, IRR 12-13%, Mid March
Almost-new multifamily complex in Pacific Northwest city
Core, IRR 13-14%, Mid March
Workforce housing complex in top-ranked U.S. market
Value-add, IRR 16-17%, Late March
Multifamily/student housing near Ivy League university
Opportunity zone, IRR 12-13%, ??

5. • Deadly coronavirus outbreak impacting markets and global economy
• Dow plummets ~2,000 points 2/24-2/25
• From 2/19 market high:
• S&P 500: (7.6%)
• Mogul recommendations: (3.1%)
• Vanguard U.S. real estate: (2.6%)
Coronavirus -- U.S. real estate holding up
Real Estate resilience

6. K-1 Basics
CRE
• Most private partnerships will issue their K-1 to LPs by March 15
• Sponsors should notify in case of filing delay
• Certain 100% development projects (e.g. The Huron Building) will
not issue a K-1
• Let’s walk through a real K-1

7. Member Q&A

8. State taxes and SDIRA/UBIT
Appendix

9. OZ capital gain deferrals
Appendix
https://cadre.com/insights/opportunity-zones-tax-reporting-how-to/
• Two-part process for investors: IRS forms 8949 and 8997
• IRS form 8996 is filed by sponsor/GP