Porter & Company CPAs

You can't be both a good businessman and a good father !

You can't be both a good businessman and a good father An obituary to my father

IRR Seekers & Depreciation Whisperers -

Today , we are hosting a webinar featuring a real estate project that ticks all the boxes: strong returns, smart strategy, and a whole lot of potential in a place you probably didn’t have on your 2025 bingo card — Sioux Falls, South Dakota.

It's at 1pm CST - Register here - https://us06web.zoom.us/webinar/register/4917467102152/WN_CCCXR17yQ0uEhW-CltldZg

Foss Fields Phase I is the first slice of a massive 300-acre masterplan in East Sioux Falls. We’re talking 100 units of modern, wellness-forward multifamily housing, strategically placed near hospitals, retail, and universities. (Translation: where people actually want to live.)

Highlights:

18% targeted IRR
1.8x+ targeted equity multiple
8% preferred return
Cash flow during construction (yes, really)
Potential for juicy tax goodies like 45L credits and bonus depreciation

It’s designed for accredited investors and led by our client, the incredibly sharp Vinki Loomba, MBA at Loomba Investment Group — a team that knows how to blend returns with impact (and not the vague kind).

If your portfolio could use more income-producing, mission-driven real estate — or if you're just curious how Sioux Falls ended up with 94%+ occupancy rates — grab your spot:

🗓 TODAY , May 14th | 1:00 PM CST
🔗https://us06web.zoom.us/webinar/register/4917467102152/WN_CCCXR17yQ0uEhW-CltldZg

Welcome! You are invited to join a webinar: Investment Opportunity Webinar – Foss Fields Phase I. After registering, you will receive a confirmation email about joining the webinar. Foss Fields Phase I is the first stage of a visionary 300-acre master development located in East Sioux Falls — an area poised for significant growth. This project features a 100-unit multifamily development, blending studios, 1-, 2-, and 3-bedroom units with a modern, wellness-focused design.

"Operations make or break the deal. Without ops discipline, a GP’s just a fundraiser — and anyone with charm can raise money"

Over the course of the last couple of years we have seen a lot of challenging times for dealmakers and operators. That is why , as part of our K1 Workshop , we are giving away our guide "Vetting Your GP" .

Join the workshop below. - https://events.zoom.us/ev/AvLbcdRPljRrCmTlCV81Y15Lcpffw0cjqmFheZsYtGPZ7HCgDsPH~AnGOXWpc_YR4hYcPCBjEEgDc_I9jAli9Z3zson3fpVytJQniOxQ-sh8FgQ

If you just want the guide, hit me up and I will gladly share !