8-Step Checklist to Vet a Pre-IPO SPV Sponsor Before Committing Capital
TL;DR: In August 2026, the SEC sued Andrew Spaventa for running a $74 million pre-IPO boiler room that charged investors unit prices up to 91% above his actual acquisition cost, and separately sued Er
The 45-Day 1031 Exchange Clock: A Section-by-Section Survival Checklist
TL;DR: The 45-day identification deadline in a Section 1031 exchange is absolute. There is no extension for a slow closing, a lost contract, or a holiday weekend, per Treasury Regulation §1.1031(k)-1...
How to Read a BDC's 10-Q Before You Buy: A 7-Point Checklist for Retail Investors
The dividend yield printed on a business development company's cover page is the least useful number in the filing. Before you buy a BDC for its 10%+ yield, open the actual 10-Q and check whether...
Real Estate Private Credit Due Diligence: 12 Questions Every Accredited Investor Must Ask Before Committing
Real Estate Private Credit Due Diligence Checklist 2026 Real Estate Private Credit Due Diligence: 12 Questions Every Accredited Investor Must Ask Before Committing Summary: The SEC issued a risk alert