The Securities and Exchange Commission recently changed policies to exclude home value from net worth as it determines whether an individual can invest in some securities offerings that are unregistered. SEC rules allow some people to qualify for limited and private offerings without registration or specific disclosures if the sales are only to \u201caccredited investors\u201d. These \u201caccredited investors\u201d can qualify for these opportunities by having a net worth of at least $1 million, amongst other qualification factors. <\/p>\n
The new rule means the value of the primary residence does not count toward the net worth. Another new wrinkle in the rules penalizes investors for being \u201cupside down\u201d in their primary residence. Any debt secured by the main residence that is above the value of the home in a fair market will now be treated as a liability against net worth.<\/p>\n
The move was made in an attempt to prevent rule (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Securities and Exchange Commission recently changed policies to exclude home value from net worth as it determines whether an individual can invest in some securities offerings that are unregistered. SEC rules allow some people to qualify for limited and…<\/span><\/p>\n