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Updated over 6 years ago on . Most recent reply
Grasping Opportunity Zones: Investor Network Meeting
12 Replies
- 11/08/18 06:15PM - 09:00PM America/Los_Angeles
- We are upstairs in the private event space at Lucky Lab, 7675 SW Capitol Hwy Portland, Oregon 97219
- Free
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Join the RareBird Investment Network on November 8 and learn about Opportunity Zones, the capital gains incentive buried deep in the 2017 Tax and Jobs Act. Come and find out the why, how and where you can get special capital gains tax treatment for investing in these designated communities. RareBird's own Mike Nuss will dive deep into the details and explore ways to use this new tool to benefit you and your community
Networking begins at 6:15 PM and the presentation starts at 7:00 PM.
The RareBird Investor Network meets on the 2nd Thursday of every month at to discuss the topics related to real estate investing. New to the Investor Network? Come and check out a meeting, your first time is always FREE!
Most Popular Reply
@Jay Hinrichs yeah there's this little market called the Pearl District, Downtown, Central Eastside and Albina, all making up one of the larger zones in Portland. Rockwood has a good size zone and Gateway does as well. All in all there is quite a bit of property in the local zones.
The vehicle works best for 10+ year holds for sure and the "significant improvement" requirements will make it tricky for low experienced developers to be successful. This really is a double edged tax code. A lot of people can potentially make a lot of money......or they could get taken big time by not actually qualifying for the exemption in the end.