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Ross Hancock spent nearly two decades in consumer packaged goods, building relationships across the industry and driving sales for some of the most recognized brands in the world. Along the way he began investing in real estate in Florida and Indiana, and eventually sold his short-term rental business to a fellow investor.
Investing on the LP side, he ran into a pain point firsthand: getting verified as an accredited investor on the strength of real estate assets often meant paying a CPA $400 or more, waiting weeks for the letter, and then repeating the whole process every 90 days. He set out to fix it, building a tech-enabled platform that pairs investors with a real, licensed CPA and typically returns a signed verification letter within 24 hours at a fair price.
That platform is AccreditedNow. It gives sponsors running Reg D 506(c) offerings a way to verify their investors without ever handling anyone's tax returns themselves, and to pair that CPA letter with identity and AML screening when a raise calls for it. It also offers free tools LPs and GPs can use to gauge accredited status before spending a dollar. Ross is not an attorney or a CPA, and his writing is educational, not legal advice.
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