Antonio Moore goes after Jay Morrison’s Real Estate Investment Fund: Stay tuned for TREF Part II
- Thread starter Mr. Met
- Start date
Jay has to stop mentioning Garvey’s name and then under the same breath say he will take money from all nationalities. Garvey wouldn’t take a dime from other races......
I wish him well...
Tariq gonna get taken like all the other suckers.
He walked 7 miles in his Louis Vuttons to fight for black folks.
The more I hear this clown talk the more I despise him. His whole steez screams hustler. Jay is the worse type of coon. He plays on the goodness and naivete of black folks that want to improve our community. Jay Morrison is worse than coons like Jesse Lee Peterson.
I would like to hear from Jagu on this, but the 1st 5 minutes sounds like total bullshit.
It's wrong. Incredibly wrong. at the 7:20 mark when he talks about putting down $200k on a million dollar investment property to reduce your tax debt by $200k is insanely wrong. You can only depreciate real estate over a period of 20 years I believe, you can't take the full $200k out, $10k a year!! That's just the start. Once I got past all the fluff and the origin story of his humble beginnings the shit doesn't make any sense. Jagu is the tax guy so he should know better than me, but I just went through this shit. It's fantasy.
@jagu
his advice of leasing the vehicle to yourself for a nominal amount to pay minimum tax imo is dangerous
other info on taxes LLCs etc ignores a lot of details
he never creates distinction between income vs capital gain or issues in different states etc
off the rip - the avoiding sales tax on vehicle purchase with llc is bs - unless - iirc you register the vehicle in Montana
his advice of leasing the vehicle to yourself for a nominal amount to pay minimum tax imo is dangerous
imo - he is a sales guy only pitching what he was kinda able to understand...
other info on taxes LLCs etc ignores a lot of details
he never creates distinction between income vs capital gain or issues in different states etc
What I truly don't understand is how so many people are easily taken by stuff like this.
Alot of not educated folks will be taken by this. I was tempted at first to participate and good ol BGOL posted antonio's videos and there is no way in hell I would invest. Most people are not going to take the time to read the fine print.
Your answer is below!
He walked 7 miles in his Louis Vuttons to fight for black folks.
The more I hear this clown talk the more I despise him. His whole steez screams hustler. Jay is the worse type of coon. He plays on the goodness and naivete of black folks that want to improve our community. Jay Morrison is worse than coons like Jesse Lee Peterson.
And they immunize themselves from criticism in the process by automatically rendering their critics as "coons" or "haters" or whatever else.
Their SEC lawyer on a conference call, breaking down fees, talking about if Jay tries to scam and run, etc... I'm about 20 mins in.
I’m 8 minutes in and this shit is a joke. Imagine that presentation at your local bank asking for a loan.
DAMN
Lol skip to 41:30 when a NON scripted caller somehow gets through and asks about the bankruptcy.
The one ladies eyes BUG THE FUCK OUT and his wife's face screws up big time lmao
It's the BGOL way lol.
Nah Tariq is taking right along with dude
What's the damn about? You knew this shit was bogus bruh.
I really didn't think he would play cute with the Feds. I'd hate to see he and his new bride spend their first anniversary in prison.
chill - a subpoena is not an indictment - seems this is a request for documents related to risk disclosure
https://www.sec.gov/Archives/edgar/data/1704303/000147793219000871/tulsa_1u.htm
its just a subpoena - there is no accusation of wrong doing yet
I've detailed the problems I see with Tulsa's model and structure in this thread - but still there is no reason to rush to judgment over the SEC and US Attorney basically asking for more information and documents
1-U 1 tulsa_1u.htm FORM 1-U
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A
Date of Report March 7, 2019
Commission File No. 024-10782
Tulsa Real Estate Fund, LLC
Georgia
(State or other jurisdiction of incorporation or organization)
Tulsa Real Estate Fund, LLC
3355 Lenox Road NE, #750
Atlanta, GA 30326
1-844-73-TULSA
info@tulsarealestatefund.com
All correspondence:
Jillian Sidoti, Esq.
TROWBRIDGE SIDOTI
38977 Sky Canyon Drive – Ste 101
Murrieta, CA 92563
(323) 799-1342
EMAIL FOR CORRESPONDENCE: jillian@crowdfundinglawyers.net
Item 9. Other Events
The Company recently received a grand jury subpoena from the United States Attorney’s Office for the Northern District of Georgia and a civil subpoena from the Securities and Exchange Commission, each seeking documents and other information concerning the Company. The Company has engaged counsel to respond to the subpoenas and intends to cooperate with the investigations.
Safe Harbor Statement
This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Statement on Form 1-A, filed with the Securities and Exchange Commission (“SEC”), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
2
SIGNATURE
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Tulsa Real Estate Fund, LLC
/s/ Jay Morrison
Jay Morrison, Manager of Tulsa Founders, LLC
Manager
March 7, 2019
https://www.sec.gov/Archives/edgar/data/1704303/000147793219000871/tulsa_1u.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A
Date of Report March 7, 2019
Commission File No. 024-10782
Tulsa Real Estate Fund, LLC
Georgia
(State or other jurisdiction of incorporation or organization)
Tulsa Real Estate Fund, LLC
3355 Lenox Road NE, #750
Atlanta, GA 30326
1-844-73-TULSA
info@tulsarealestatefund.com
All correspondence:
Jillian Sidoti, Esq.
TROWBRIDGE SIDOTI
38977 Sky Canyon Drive – Ste 101
Murrieta, CA 92563
(323) 799-1342
EMAIL FOR CORRESPONDENCE: jillian@crowdfundinglawyers.net
Item 9. Other Events
The Company recently received a grand jury subpoena from the United States Attorney’s Office for the Northern District of Georgia and a civil subpoena from the Securities and Exchange Commission, each seeking documents and other information concerning the Company. The Company has engaged counsel to respond to the subpoenas and intends to cooperate with the investigations.
Safe Harbor Statement
This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Statement on Form 1-A, filed with the Securities and Exchange Commission (“SEC”), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
2
SIGNATURE
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Tulsa Real Estate Fund, LLC
/s/ Jay Morrison
Jay Morrison, Manager of Tulsa Founders, LLC
Manager
March 7, 2019
https://www.sec.gov/Archives/edgar/data/1704303/000147793219000871/tulsa_1u.htm
Agreed......
BUT you are usually only subpoenaed after you've been asked for info and you play cute or flat out don't provide what they are looking for...... For example, Michael Cohen was subpoenaed to testify before Congress after he kept changing the dates and trying to postpone, claiming his family was in danger if he testified.
So did anyone catch the live stream?
Royal wedding?
This is how he fucks shit up.
i wish him well but i hated that shit with the royal wedding , i hope this subpoena shit is a nothing burger i dont trust the SEC & these cacs
Royal wedding 
man this dude is a fucking clown! He’s in the right place , Atl. With the rest of the fake ass scheming ex cons selling snake oil. I anticipate him returning back to prison at some point because he is obviously running a scam.
man this dude is a fucking clown! He’s in the right place , Atl. With the rest of the fake ass scheming ex cons selling snake oil. I anticipate him returning back to prison at some point because he is obviously running a scam.Similar threads
