Starwood Global Opportunity Fund XI, LP
Starwood Global Opportunity Fund XI, LP
| New Category | LP |
| Investment Manager | Starwood Capital Inc. Access Vehicle: SOF - XI VIP Offshore, LP |
| Fund Status | |
| Archive | No |
| Custodian | UMB Fund Services |
| Jurisdiction | Luxembourg Ontario LP for aggregating investments only. |
| T1135 Reporting | Yes Category 6 - Other property outside Canada |
| Currency | USD |
| Tax Slip | PFIC & K1 |
| Receiver of Tax Receipt |
RFO/Client |
| Tax Slips Expected |
April |
| Statements Expected |
Quarterly |
| Accounting Treatment |
When contributions are made will increase the ACB of the investment and when distributions are received will decrease the ACB of investments and pick the tax slip yearly. *Pick up K1 for canadian investors |
| Tax Memo/ Tax Treatment |
Per Pro-Forma K-1 *Per Phil Nadler, 2017 tax slips should not be picked up (PFIC or K-1), as the investors only invested in the fund in 2018. Therefore the loss on tax slip cannot be used, as there was no at-risk amount for 2017. |
|
US Tax Return Required |
No |
|
Type |
Partnership |
|
Nature |
Private real estate fund investing globally |
|
Notes |