Opportunity Zones are designated distressed areas where long-term investment and development are encouraged.3 Reasons Why You Should Invest in Opportunity ZonesDefer or Eliminate Capital Gains Tax ObligationsWhen investing in Opportunity Zones through a Qualified Opportunity Fund (QOF), you have the potential to defer your capital gains taxes.

Owner’s draws aren’t typically taxed directly, but any gain or capital distribution may have tax implications, especially if the amount withdrawn exceeds your basis in the LLC.4.

The more you can help investors mitigate risk, confirm their underwriting, and/or illuminate potential gains or pitfalls; the more successful you'll be.

If you ever have questions about any of it, I'd be glad to share what insight I've gained by trying to navigate the process.

Hope you sleep well Kai with the $1600 from which I gained nothing from.Shameful behavior.

I usually hang out in the tax section, but I'm really interested in gaining more knowledge on the industry of property management.

In retrospect I would have spelled out the construction process more clearly in writing ahead of time.In your case the existing tenant is getting no new value so there is nothing for them to gain with this project.

I'd love to share a graded map of Cleveland which would help you gain a better understanding of the different areas and price points of each grade. 

Wholesaling real estate is another way to gain experience without much capital.

Pro: Being an active agent helps you keep learning, gaining experience, and also staying motivated.