Rentier

Archive List for Crowdfunding

LexShares Case #310 Resolved

Summary My 8th investment into commercial litigation crowdfunding has reached finality. It has been 1,018 days from the time of an ACH transfer to the distribution. The investment has generated a 0.88x MOIC and a -4.41% IRR. Key Events Date Cashflows Description Aug 29, 2017 New Investment Opportunity – $225k Aug 29, 2017 Capital Commitment […]

LexShares Case #249 Resolved

Summary My 3rd investment into commercial litigation crowdfunding has reached finality. It has been 1,079 days from the time of an ACH transfer to write-off. The investment has lost the entire principal. Key Events Date Cashflows Description Apr 13, 2017 New Investment Opportunity – $225k Apr 13, 2017 Capital Commitment – $50k Apr 18, 2017 […]

LexShares Case #678 Resolved

Summary My 12th investment into commercial litigation crowdfunding has reached finality. It has been 456 days from the time of a wire transfer to the distribution. The investment has generated a 1.76x MOIC and a 57.03% IRR. Key Events Date Cashflows Description Oct 30, 2018 New Investment Opportunity – $2.25M Oct 30, 2018 Capital Commitment […]

YieldStreet Diversified Pre-Settlement Portfolio XXV Repaid

Diversified Pre-Settlement Portfolio XXV Paid Off My 1st YieldStreet investment in the Litigation Finance asset class has paid in full. It’s 639 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 13.14% IRR. Key Events Date Cashflows Description Dec 27, 2017 Capital Commitment Dec 28, […]

LexShares Case #285 Resolved

Summary My 5th investment into commercial litigation crowdfunding has reached finality. It has been 682 days from the time of an ACH transfer to the distribution. The investment has generated a 2.57x MOIC and a 65.57% IRR. Key Events Date Cashflows Description Jun 8, 2017 New Investment Opportunity – $100k Jun 8, 2017 Capital Commitment […]

LexShares Case #217 Resolved

Summary My 1st investment into commercial litigation crowdfunding has reached finality. It has been 640 days from the time of an ACH transfer to the distribution. The investment has returned the principal with no profit. Key Events Date Cashflows Description Mar 3, 2017 New Investment Opportunity – $400k Mar 3, 2017 Capital Commitment – $10k […]

LexShares Case #281 Resolved

Summary My 7th investment into commercial litigation crowdfunding has reached finality. It has been 73 days from the time of a wire transfer to the distribution. The investment has generated a 1.79x MOIC. Key Events Date Cashflows Description Jul 5, 2017 New Investment Opportunity – $750k Jul 5, 2017 Capital Commitment – $75k Jul 12, […]

iFunding EVIVA Midtown Follow On Repaid

EVIVA Midtown Add-on Project Paid Off My 1st preferred equity investment on commercial real estate project has completed. It’s 366 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 19.45% IRR. Key Events Date Cashflows Description Aug 30, 2016 Capital Commitment Sep 6, 2016 ($100,000) […]

iFunding ProudLiving Terminated

ProudLiving Project Has Been Terminated My 2nd preferred equity investment on commercial real estate project has been terminated. It’s 36 days from the time of capital commitment to the return of subscription. The estimated opportunity loss was $3,330. Funding In September 2016, iFunding announced a $1.4 million, 2-year preferred equity investment in an apartment portfolio […]

How to Liquidate and Close a LendingClub IRA Account

Backstory I made a prior-year contribution to my traditional IRA in January, thinking that contribution would be tax deductible. Unfortunately that was not the case. An issue came up as the non-deductible IRA contribution was already fully invested in my LendingClub IRA account. I ended up having to liquidate notes to execute a backdoor Roth […]