You can calculate your annual income or net worth jointly with your spouse’s income or assets. Your combined investment limit will then be the same as that of a single investor with your combined annual income or net worth level.
Your net worth is the sum of all your assets, minus all your liabilities. For purposes of crowdfunding, the value of your primary residence should not be included in your assets, and any mortgage or other loan on that residence does not count as a liability (up to the fair market value of your home).
The following table provides a few examples of net worth calculations for the purposes of determining crowdfunding investment limits:
(Not included except for related liabilites below):
|Jane Doe||John Smith||James Lee|
|Home equity line:|
|More than 60 days old||—||$20||—|
|Less than 60 days old||—||$10||—|
|Total included assets||$190||$190||$190|
|Student and car loans||$100||$100||$100|
|Portion of mortgage underwater||—||—||$30|
|Home equity line
(Less than 60 days old)
|Total included liabilities||$120||$130||$150|
If you are unsure how to calculate your net worth or income, the SEC Investor Bulletin provides more details.
Related: How much can I invest?
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.