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investorFeb 12, 2010


You cannot not.He enjoys the same benefits as the sponsor. Make sure he is a registered investor and if not report him as he has taxes to pay. He cannot benefit from the various abatements. He probably will not be able to sit on the board ever and most importantly he cannot live in his apartment. I read an article on sponsors and investors online. Keyword your query and your answer will be in "black and white"

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