I believe I’m investing in an opportunity zone and I’d like to make the best of it. Questions;1) What are the specific benefits of investing in opportunity zones? I understand that relates to capital gains tax and th...
Hi All,Back in February of this year, I purchased a rental home in an Opportunity Zone. I had been reading about Opportunity Zones at the time and understood that they would drive investment into the area and create ...
Newbie here. I'm looking at a duplex as my first investment property, and after hearing about Opportunity Zones, I see that it's in one. I'm trying to understand what this means when it comes time to sell. OZ's look k...
I was discussing depreciation schedules as a benefit for real estate investors over the weekend. The person I was speaking with seemed to think that the write off involved with a depreciation schedule would be due upo...
Hey All,I have a few development projects in the QOZ zone in Philadelphia and need some cpa/tax/QOZ guidance. All properties are owned in a single member LLC. The plan is to develop/rehab them and refi to get all my c...
Is anyone utilizing this for the 2018 tax year? I cashed out my 401k and my husband cashed out 50% of his annuity in April of 2018. We bought a mixed portfolio 8 units (bought 4 properties on same note) in May. Is thi...
I've been deeply immersed in researching real estate investments since I recently had a business sale that resulted in substantial capital gains. As I explore my options, I'm particularly interested in funds like Tril...
There is an opportunity for a complete remodel to a commercial property with store front first floor and residential remaining floors. It is also located in an QOZ. I'm not familiar with the tax benefits, though I hav...
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
Hi all. I was wondering if someone could explain the tax implications for both sides of an owner financing deal for a rental property? I am just starting to research this financing strategy and I'm wondering how muc...