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Updated over 6 years ago on . Most recent reply

User Stats

63
Posts
55
Votes
Jason Kern
  • Real Estate Broker
  • Portland, ME
55
Votes |
63
Posts

Tax Defferred until 2026?

Jason Kern
  • Real Estate Broker
  • Portland, ME
Posted

Hi All, 

I've been having an interesting discussion with my attorney and CPA about the addition of Qualified Opportunity Zones to the tax laws. The gist is this: Anyone who wants to diversify from the stock market into real estate can do so with a syndication that invests in real estate within prescribed (according to census data) Qualified Opportunity Zones while deferring the capital gains tax hit for several years. It's similar to a 1031 in that there's a specific timeframe, etc. Apparently, we're still waiting for the final regulations? Anyone know anything?  

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