Pass-through, not double-taxed
Le Groupe Deauville Ventures LLC is structured so depreciation and interest flow directly to unit holders.
The fund takes zero, you take the deductions
A pass-through entity is not taxed at the fund level. Instead, income, deductions, and depreciation from the underlying real estate flow through to unit holders on a Schedule K-1.
For a note-fund investor, that means the interest earned reports as interest income, the depreciation on the collateral properties passes through, and there is no second layer of corporate tax between the borrower's payment and your return.
Structure specs
- Entity: Le Groupe Deauville Ventures LLC
- Tax reporting: Schedule K-1 to each unit holder
- Depreciation: flows through on the K-1
- Second-layer corporate tax: none
What pass-through adds
No corporate tax layer
Fund earnings are not taxed at the entity level.
Depreciation to you
Real estate depreciation on the K-1 offsets other passive income.
Clean estate planning
LLC units are easier to gift, transfer, and put into a trust than direct property.
Talk to us before you file next April
Depreciation passes to you if you are inside the fund by year end.