Thomson Reuters November 2021
Michael Kelley authors this article describing a new wave of QOFs that offer shares of stock instead of the traditional limited partnership interest. Investors and financial planners can enjoy the accessibility of stock ownership. Additionally stock ownership allows investor to control their holding period. QOF’s tax incentives can now be tailored to maximize the benefits for each investors unique financial needs.
This article was originally published in multiple Thomson Reuters properties including Practical Tax Strategies, Checkpoint and Westlaw.
CPA Journal January 2020
Michael Kelley co-authors this article. Irrevocable grantor trusts (IGTs) have long been used to pass down appreciating assets, such as family businesses or real estate, through generations. IGTs’ flaw are that it can make capital gains tax worse. Qualified Opportunity Funds can eliminate these capital gains. It is a powerful pairing.
CPA Journal March 2019
Michael Kelley co-authors this article describing how changes in the tax law have taken away “like kind exchanges” for those with capital gains in collectibles (art, precious metals etc.) but it has also given collectors a powerful new tool in the form of Qualified Opportunity Funds
Park View Investments hosted a very successful opportunity zone webinar through the CPA Academy. We had over a thousand participants from the CPA, wealth management, and legal communities. The webinar discusses the recently finalized OZ regulations and many creative ways QOFs can be used to create tax efficient results.
Park View OZ REIT hosted a webinar “Getting the Most Out of Opportunity Zone Tax Incentives” The one-hour presentation gives CPAs, wealth managers and other tax advisors the knowledge they need to build liquid and tax efficient strategies to suit their client’s financial needs.