ERC Homebuilders 1 has just paid another monthly dividend in July! Being investor-friendly and meeting our goals are priorities for ERC Homebuilders, not just words. We are proud to announce that we have paid another dividend as projected—a monthly dividend based on an 8% annual yield.* We believe this will be tax-free for most investors.**
*Since the tax treatment of any distributions may vary according to the financial performance of the company, as well as the particular circumstances of the investor, investors should consult their own tax advisers, and should not assume that the distributions will be subject to the same tax treatment from year to year. ERC HomeBuilders, Inc. will not generate revenues or profits until the company has built and sold developments, and there is no guarantee that those developments will be profitable. The company will set aside a capital reserve as investments are received; dividend payments will initially be made from this reserve. There can be no guarantee of future profits.
**During the first year it is likely that dividend payments will be tax-free due to the likely treatment of dividends as a tax-free return of capital to investors and thereafter as capital gains income for a limited period. The dividend will only be payable to the extent there are legally available funds.