- DeanCollinsParticipant@deancollinsJoin Date: 2015Post Count: 376
I just read this article
Curious is anyone who is invested in the fund aware with Steve moving back to Australia take it as an indication they are closing the fund (or closing out his personal position?)Steve McKnightKeymaster@stevemcknightJoin Date: 2001Post Count: 1,763
My family and I came over to the USA for a one year family experience. That time is simply coming to an end. There is nothing more that ought to be read into the decision. Certainly there are no plans to prematurely wind up the Passive Income (USA Commercial Property) Fund.
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
Success comes from doing things differentlyDeanCollinsParticipant@deancollinsJoin Date: 2015Post Count: 376
Interesting, I always assumed it was tax driven……. :)
Don’t get me wrong no one would be upset about winding up the fund, considering how awesome the returns have been based on the $A move. I’m sure some people would be happy with selling the assets and returning funds ahead of time.