Menu
Menu
Park View OZ REIT investors can participate in opportunity zone tax incentives with the liquidity of stock ownership.
Stock ownership provides investors with two significant benefits over the partnership interests that currently dominate opportunity zone investment options.
Owning shares of stock is familiar and accessible for almost all investors. Stock investing eliminates many of the obstacles investors typically face with partnership offerings including the notoriously difficult K-1 partnership tax forms, lengthy capital commitments often of 10 years or more, accreditation requirements, high fees, and high investment minimums.
Stock ownership also greatly increases the financial planning utility of opportunity zone tax incentives because the investor can choose a holding period that best suits their unique financial circumstance. Shareholders can defer capital gains tax liability for as little as a year or they may choose to stay invested for decades, compounding growth tax-free.
Published in the August 2023 issue of Practical Tax Strategies, a Thomson Reuters journal, Michael Kelley discusses a dozen ways to enhance tax-efficient financial plans with Qualified Opportunity Funds. He illustrates the numerous strategies that can be used to defer or eliminate capital gains, leading to financial freedom and wealth.
Originally published in multiple Thomson Reuters’ journals, Michael Kelley describes a new wave of Qualified Opportunity Funds that offer shares of stock instead of the traditionally limited partnership interest. Investors and financial planners can enjoy the accessibility of stock ownership. Additionally, stock ownership allows investors to control their holding period. QOF’s tax incentives can now be tailored to maximize the benefits for each investor’s unique financial needs.
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 taxes. It is a powerful pairing.
This webinar covers how opportunity zone incentives can deliver improved financial planning strategies and results. Learn about the OZ initiative, its benefits, and how these tax incentives now can be accessed by all investors, not just accredited investors.
Topics discussed include how generational tax plans can benefit from pairing QOFs with irrevocable grantor trusts and how QOFs can be used in conjunction with, or instead of, 1031 exchanges, which were adversely affected by the 2017 Tax Cuts & Jobs Act.
One Beacon Street, 32nd Floor
Boston, MA 02108
Monday – Friday, 9:00 AM – 5:00 PM EST
© 2024 All Rights Reserved.