Welcome back! If you found our introduction to Cityfunds and home equity sharing agreements helpful, you're in the right place for Part 2. You've already learned what Cityfunds can offer, so let's go deeper into how you can maximize your real estate investments with us and what makes us stand out from other home equity-sharing companies.

Understanding Cityfunds' Structuring

As an innovative investment company, Cityfunds is pioneering access to diversified portfolios of home equity-sharing agreements in prime urban locales. With our home equity investment model, you're not buying brick and mortar; instead, you're tapping into the future value of homes by providing homeowners with a lump sum cash payment in exchange for a share of their home's equity, freeing them from the cumbersome monthly payments seen with traditional home equity loans.

Our flagship offering is structured as a series LLC, designed to separate you from any liabilities that might arise from the properties within the fund—a peace of mind factor that makes Cityfunds attractive to more than 20,000 investors.

Trading and Managing Your Investment

To make your Cityfunds investment more flexible, we're introducing two new ways to manage your funds more fluidly. These upcoming features will give you more control over when and how to access your home equity investment.

1. We plan to launch a secondary trading platform in 2025 through a partnership with North Capital. What does this mean for you? It translates to the freedom to sell or trade your shares, akin to playing the stock market but with home equity agreements.
2. For those keen on more immediate options, we have liquidity events through a redemption program lined up before Q4 2024. With this, you'll have quarterly chances to request share redemptions, similar to other private real estate investments—just one of many features that underscore how Cityfunds functions as a forward-thinking home equity agreement company.

When managing your Cityfunds investment, a small management fee should be considered. It's just 1.5% per year, or 0.375% every three months. This fee is taken care of by the Cityfund Series itself, meaning it won't cut into the amount you initially invested or the current value of your portfolio. This fee keeps your investment in expert hands, ensuring it's well-managed and poised for growth.

Tax Considerations and IRA Investments

When it comes to taxes and Cityfunds, everything is straightforward. In 2023, since there weren't any dividends given out, you didn't have to worry about receiving forms like 1099-DIV or 1099-INT. Looking ahead, we're getting ready for any future tax situations that might pop up. All you need to do is make sure your contact info in your Cityfunds account is up-to-date, so when it's time for tax documents, you'll get them without a hitch.

Putting money into Cityfunds through a self-directed IRA could pay off for anyone considering retirement savings. This could become a part of your retirement plan that grows over time, much like getting steady income from other investments.

Websites like Altoira.com and RocketDollar.com make it easy to get started. By choosing Cityfunds over the usual stock market picks, you're opting into a shared equity agreement with the potential for a secure financial future.

KYC, AML Compliances, and Subscription Agreements

When you decide to invest in Cityfunds, we ask for personal details like your Social Security Number and Date of Birth. Don't worry; it’s all standard as it’s part of what we call Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. These steps are critical—they help prevent any shady business, keep everything by the book, and ensure we can get your tax documents to you without a hitch.

Then there's the subscription agreement. Think of it as a straightforward promise between you and us. In this agreement, Cityfunds promises to sell you a certain number of shares, and you agree to purchase them at a price we've already decided on. This is how we build trust and keep transparency at the heart of our home equity-sharing partnership.

Closing Your Cityfunds Account

Are you thinking of closing your Cityfunds account? Hold on and consider keeping it open. Closing your account doesn't affect your existing investments or ownership of Cityfunds shares. By staying with us, you'll stay informed about your investments and be ready to participate in our upcoming secondary market and redemption program, which could add significant value to your investment journey.

Wrapping Up

Consider Cityfunds as a trusted and progressive home equity-sharing company, here to guide you as you build your wealth. When exploring your options in the real estate market, remember that Cityfunds is distinctive. It provides you with a mix of real estate investment opportunities, expected future liquidity, adherence to industry regulations, and straightforward tax procedures to give you power over your investments. Now's the time to invest in Cityfunds, a pioneering home equity agreement company ready to be your partner in securing a fruitful financial future.