According to the article on the whitecoat investor on qualified purchaser, the primary residence is not included in net worth of qualified purchaser. https://www.whitecoatinvestor.com/what-is-a-qualified-purchaser/#:\~:text=These%20investments%20include%20securities%E2%80%94such,when%20determining%20qualified%20purchaser%20status.
So for example if you have 5.4 million worth in stocks but inside those 5.4 million there is a 3 million house mortgage loan. Are you still qualified?
Also the stock market is up and down. When the market goes down, your stock can go under 5 million are you still qualified ?
