What is an ‘accredited investor’? I would like to find out more about being a passive investor.
- An accredited investor is someone who possesses over one million dollars of net worth excluding their primary residence.
- Or if they are married, they and their spouse cumulatively make $300,000.00 plus each year for the past 2 years.
- Or if single, they have made $200,000.00 each year for the past 2 years.