# Welcome to Lofty's FAQ

## Welcome to Lofty's FAQ

- [Welcome to Lofty's FAQ 👋](https://lofty-2.gitbook.io/faqs/welcome-to-loftys-faq.md)
- [What is Lofty?](https://lofty-2.gitbook.io/faqs/faq/what-is-lofty.md)
- [How does the Lofty Marketplace work?](https://lofty-2.gitbook.io/faqs/faq/how-does-the-lofty-marketplace-work.md)
- [Which payment methods can tokens be purchased with?](https://lofty-2.gitbook.io/faqs/faq/which-payment-methods-can-tokens-be-purchased-with.md)
- [Can non-US citizens participate?](https://lofty-2.gitbook.io/faqs/faq/can-non-us-citizens-participate.md)
- [Can I sell my tokens anytime?](https://lofty-2.gitbook.io/faqs/faq/can-i-sell-my-tokens-anytime.md)
- [How does Lofty make money?](https://lofty-2.gitbook.io/faqs/faq/how-does-lofty-make-money.md)
- [How do taxes work?](https://lofty-2.gitbook.io/faqs/faq/how-do-taxes-work.md)
- [How does governance work?](https://lofty-2.gitbook.io/faqs/faq/how-does-governance-work.md)
- [How are repairs handled?](https://lofty-2.gitbook.io/faqs/faq/how-are-repairs-handled.md)
- [How often do I receive rental income?](https://lofty-2.gitbook.io/faqs/faq/how-often-do-i-receive-rental-income.md)
- [How do I withdraw my rental income?](https://lofty-2.gitbook.io/faqs/faq/how-do-i-withdraw-my-rental-income.md)
- [Do I benefit from depreciation?](https://lofty-2.gitbook.io/faqs/faq/do-i-benefit-from-depreciation.md)
- [Will I lose my tokens if Lofty AI goes out of business?](https://lofty-2.gitbook.io/faqs/faq/will-i-lose-my-tokens-if-lofty-ai-goes-out-of-business.md)
- [As an owner am I liable if any lawsuits / accidents occur at the property?](https://lofty-2.gitbook.io/faqs/faq/as-an-owner-am-i-liable-if-any-lawsuits-accidents-occur-at-the-property.md)
- [Who manages the properties?](https://lofty-2.gitbook.io/faqs/faq/who-manages-the-properties.md)
- [What is your Property Manager's process and tenant selection criteria?](https://lofty-2.gitbook.io/faqs/faq/what-is-your-property-managers-process-and-tenant-selection-criteria.md)
- [Are Lofty properties purchased using debt?](https://lofty-2.gitbook.io/faqs/faq/are-lofty-properties-purchased-using-debt.md)
- [Who owns the properties that are being listed on your platform?](https://lofty-2.gitbook.io/faqs/faq/who-owns-the-properties-that-are-being-listed-on-your-platform.md)
- [How long after I pay will I receive tokens in my Algorand wallet?](https://lofty-2.gitbook.io/faqs/faq/how-long-after-i-pay-will-i-receive-tokens-in-my-algorand-wallet.md)
- [Does the price of Algorand affect the price of Lofty tokens?](https://lofty-2.gitbook.io/faqs/faq/does-the-price-of-algorand-affect-the-price-of-lofty-tokens.md)
- [What is an Algorand wallet’? Why do I need one?](https://lofty-2.gitbook.io/faqs/faq/what-is-an-algorand-wallet-why-do-i-need-one.md)
- [Which blockchain is Lofty AI using to tokenize properties?](https://lofty-2.gitbook.io/faqs/faq/which-blockchain-is-lofty-ai-using-to-tokenize-properties.md)
- [How many tokens can I purchase in each property?](https://lofty-2.gitbook.io/faqs/faq/how-many-tokens-can-i-purchase-in-each-property.md)
- [Can I do a 1031 Exchange with Lofty properties?](https://lofty-2.gitbook.io/faqs/faq/can-i-do-a-1031-exchange-with-lofty-properties.md)
- [Who legally has ownership of these properties?](https://lofty-2.gitbook.io/faqs/faq/who-legally-has-ownership-of-these-properties.md)
- [How is token appreciation determined over time?](https://lofty-2.gitbook.io/faqs/faq/how-is-token-appreciation-determined-over-time.md)
- [How do we ensure each LLC owns the deed on its property?](https://lofty-2.gitbook.io/faqs/faq/how-do-we-ensure-each-llc-owns-the-deed-on-its-property.md)
- [Do I have to submit my ID before I can participate?](https://lofty-2.gitbook.io/faqs/faq/do-i-have-to-submit-my-id-before-i-can-participate.md)
- [Why do I need to fill in personal information, and is it encrypted?](https://lofty-2.gitbook.io/faqs/faq/why-do-i-need-to-fill-in-personal-information-and-is-it-encrypted.md)
- [Why is my ID verification taking so long?](https://lofty-2.gitbook.io/faqs/faq/why-is-my-id-verification-taking-so-long.md)
- [How can I track the performance of my property?](https://lofty-2.gitbook.io/faqs/faq/how-can-i-track-the-performance-of-my-property.md)
- [How long are properties held before they're sold?](https://lofty-2.gitbook.io/faqs/faq/how-long-are-properties-held-before-theyre-sold.md)
- [Do you have 2 Factor Authentication (2FA) available?](https://lofty-2.gitbook.io/faqs/faq/do-you-have-2-factor-authentication-2fa-available.md)
- [What happens if a property doesn't sell fully by the deadline on the website?](https://lofty-2.gitbook.io/faqs/faq/what-happens-if-a-property-doesnt-sell-fully-by-the-deadline-on-the-website.md)
- [IRR](https://lofty-2.gitbook.io/faqs/glossary/irr.md)
- [Cash on Cash return (CoC)](https://lofty-2.gitbook.io/faqs/glossary/cash-on-cash-return-coc.md)
- [Cap rate](https://lofty-2.gitbook.io/faqs/glossary/cap-rate.md)
- [Appreciation](https://lofty-2.gitbook.io/faqs/glossary/appreciation.md)
- [Net Operating Income (NOI)](https://lofty-2.gitbook.io/faqs/glossary/net-operating-income-noi.md)
- [Diversification](https://lofty-2.gitbook.io/faqs/glossary/diversification.md)
- [Operating Expenses](https://lofty-2.gitbook.io/faqs/glossary/operating-expenses.md)
- [CapEx](https://lofty-2.gitbook.io/faqs/glossary/capex.md)
- [Single-Family](https://lofty-2.gitbook.io/faqs/glossary/single-family.md)
- [Duplex](https://lofty-2.gitbook.io/faqs/glossary/duplex.md)
- [Triplex](https://lofty-2.gitbook.io/faqs/glossary/triplex.md)
- [Quadplex/Fourplex](https://lofty-2.gitbook.io/faqs/glossary/quadplex-fourplex.md)
- [Capital Gains Tax](https://lofty-2.gitbook.io/faqs/glossary/capital-gains-tax.md)
- [Closing costs](https://lofty-2.gitbook.io/faqs/glossary/closing-costs.md)
- [MLS](https://lofty-2.gitbook.io/faqs/glossary/mls.md)
- [HVAC](https://lofty-2.gitbook.io/faqs/glossary/hvac.md)