# Bitcoin Outdoor Hospitality Fund, LP > A private real estate fund for Bitcoiners. It acquires cash-flowing U.S. RV parks and RV resorts, evaluates distributions monthly, allocates 100% of the fund's bonus depreciation to investors, and uses 10% of available cash flow to dollar-cost-average into Bitcoin held in multisig collaborative custody until the fund's planned five-year exit. Investors keep their own Bitcoin, the fund never asks them to sell, pledge, or move it. Manager: Bitcoin Living, LLC (Investment Manager). Managing Principal: Dan Mathason. Offering: Rule 506(c), Regulation D. $21 million target. $50,000 minimum. 100 beneficial owners maximum under Section 3(c)(1) of the Investment Company Act of 1940. Accredited investors only. Contact: invest@bitcoinliving.fund · 7402 SW 48th Street, Miami, FL 33155. Status of this file: marketing and informational summary only. Not an offer to sell securities. Any subscription is made solely under the fund's Private Placement Memorandum, Limited Partnership Agreement, and Subscription Agreement. ## Fund at a glance Full section: https://bitcoinliving.fund/#glance Bitcoin Outdoor Hospitality Fund is a $21 million private fund that buys cash-flowing U.S. RV parks and RV resorts, allocates 100% of bonus depreciation to its investors, evaluates available cash flow monthly for distributions, and dollar cost averages 10% of available cash flow into Bitcoin held until fund completion. - Strategy: buy RV parks and RV resorts that cash flow at acquisition, improve operations (dynamic pricing, marketing, amenities, deferred-maintenance catchup, potential glamping conversions), distribute cash, exit in five years. - Cash flow: available cash flow evaluated monthly, 90% distributed to investors, 10% used to buy Bitcoin. - Tax: as high as 80% of purchase price can be eligible for Year 1 bonus depreciation on an RV park with minimal permanent structures, confirmed per property by cost segregation study; 100% of the benefit is allocated to investors. - Bitcoin: held in a 2-of-3 multisignature collaborative custody arrangement for the life of the fund; never sold, pledged, or borrowed against during the hold; distributed to investor wallets at the end. - Reporting: monthly financials, annual K-1, third-party annual audits. - Investor benefit: 10 free nights per year at fund properties. - Investments may be made in U.S. dollars or in Bitcoin (Bitcoin contributed is converted to dollars by the fund; investors are credited net of conversion costs). ## Core pages - [RV Park Cash Flow, Bonus Depreciation (homepage)](https://bitcoinliving.fund/): full fund overview, Fund at a Glance summary, thesis, terms, sources. - [Data Room access](https://bitcoinliving.fund/data-room): request offering documents after an intro call and accreditation verification. - [Privacy Policy](https://bitcoinliving.fund/privacy-policy): what the site collects, how it is used, who sees it, retention and security, state privacy rights. No mobile information is shared with third parties or affiliates for marketing or promotional purposes. - [Terms of Service](https://bitcoinliving.fund/terms-of-service): conditions of use, permitted and prohibited use, disclaimers, limitation of liability, mobile messaging terms, and Florida governing law. ## Homepage sections - [The Opportunity, Are You Asset Rich and Cash Poor?](https://bitcoinliving.fund/#opportunity): the problem the fund solves for Bitcoin holders who need cash without selling, borrowing, or lending their coins. - [Fund at a Glance](https://bitcoinliving.fund/#glance): fund size, minimum, hold period, distributions, Bitcoin accumulation, and offering exemption in one table. - [How It Works](https://bitcoinliving.fund/#how-it-works): the six-step path, invest, acquire, distribute and auto-stack Bitcoin, optimize, exit, receive Bitcoin and final cash distributions. - [The Tax Advantage](https://bitcoinliving.fund/#tax-advantage): cost segregation, IRC §168(k) bonus depreciation, One Big Beautiful Bill Act treatment, passive-loss limits. - [Fund Terms](https://bitcoinliving.fund/#terms): size, minimum, hold period, offering type, investor cap, distributions, Bitcoin accumulation, reporting. - [The Managing Principal](https://bitcoinliving.fund/#about): Dan Mathason's track record, $1.3B of real estate development, 1,094-key hospitality portfolio, Wharton. - [Common Questions](https://bitcoinliving.fund/#questions): Bitcoin requirement, investing with Bitcoin, custody, security, tax reality check, how to get documents. - [Is This the Right Fit?](https://bitcoinliving.fund/#fit): investor profile and the accredited-investor definition. ## Key topics covered on this site - Why RV parks and RV resorts: 9.3% annual outdoor-hospitality growth post-COVID vs. 0.5% for hotels; 80% of owners are 60+; 61% of new 2024 campers were Millennials and Gen Z. - Institutional consolidation: ~16,200 U.S. private RV parks and campgrounds, over 1,100 (7%) institutionally owned today vs. roughly 400 properties in 2021; Marriott (Postcard Cabins), Hyatt (Under Canvas), Hilton (AutoCamp), Best Western, Blackstone (RCN Vakantieparken), Northgate Holdings, Sun Communities (160 RV resorts). - Bitcoin vs. outdoor hospitality real estate: fixed supply, cash flow, inflation resistance, demand trajectory, asymmetric upside. - Bonus depreciation on RV parks: short-life 5-, 7-, and 15-year property; why permanent structures do not qualify; carryforward of unused passive losses. - Accredited investor qualification, including eligibility of certain self-directed retirement accounts. ## Reference pages - [RV Park Bonus Depreciation: How Much Qualifies in Year 1](https://bitcoinliving.fund/rv-park-bonus-depreciation): how IRC §168(k) applies to RV parks, why site improvements are short-life property, what the One Big Beautiful Bill Act changed, and the basis, at-risk, passive-loss, recapture, and state-conformity limits. - [Cost Segregation for RV Parks and Campgrounds (2026 Guide)](https://bitcoinliving.fund/cost-segregation-rv-parks): what a study produces, a representative 5-/7-/15-/39-year allocation, timing and look-back studies, cost and audit posture, and what a study cannot do. - [What Is a Bitcoin Real Estate Fund? Structure, Custody, and Cash Flow](https://bitcoinliving.fund/bitcoin-real-estate-fund): definition, and how the structure differs from a spot Bitcoin ETF, a Bitcoin treasury company, a Bitcoin-backed loan, and a conventional real estate fund. ## Tools available to agents on this site This site implements WebMCP. Every page registers its tools through `navigator.modelContext.provideContext()` when the runtime supports it, mirrors them on `window.BOHF.tools`, and publishes a static manifest at `