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Belpointe PREP, LLC

For the period ended Dec 31, 2025. Filed Mar 20, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 20, 2026

OZ$31.55-4.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Financial Statements and Supplementary Data

TABLE OF CONTENTSPage No.
Report of Independent Registered Public Accounting Firm (PCAOB Firm ID: 2468)51
Report of Independent Registered Public Accounting Firm (PCAOB Firm ID: 596)52
Consolidated Balance Sheets as of December 31, 2025 and 202453
Consolidated Statements of Operations for the years ended December 31, 2025 and 202454
Consolidated Statements of Changes in Members’ Capital for the years ended December 31, 2025 and 202455
Consolidated Statements of Cash Flows for the years ended December 31, 2025 and 202456
Notes to Consolidated Financial Statements57
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.