Ryan Carriere
New Opportunity Zone guidance just released!
New IRS guidance and proposed regulations were issued yesterday for Opportunity Zones!I'm going to take a stab at summarizing some of the main elements of the proposed regulations given to us by the IRS yesterday. If ...
Thomas Hatley
LLC as Opportunity Fund - Pros and Cons ?
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 ...
John Perry
Opportunity Zone LLC Structure
I am struggling with the structure for an opportunity zone fund so want to get your thoughts on this structure. I have personal funds that I will invest in an opportunity zone fund. I also have a parcel under co...
Max Ball
Opportunity Zones - Yay or Nay?
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...
Donnie M.
Unsecured PLOC that is cash out refinanced into conventional
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
Aaron Moayed
Real Estate CPA Website Article Garbage? Depreciation Recap OppZo
This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:https://www.therealestatecpa.com/blog/real-estate-...Yet these other articles are stating that cap...
Steve S.
Don't pay Capital Gains to the IRS, invest it instead, LEGALLY!!!
No one and I mean no one should ever pay capital gains to the IRS ever again. Why, Opportunity Zone Funds. There is no reason why anyone, especially someone on Bigger Pockets, should ever pay capital gains on stocks, ...
Account Closed
More Opportunity Zones/Funds Clarification
I have been searching and reading prior threads, but thought I'd go ahead and start a new thread since there has been time for people to learn more about opportunity zones, rather than have to sort through a bunch of ...
Dallas Jacobsen
Capital Gains Exceeds $500k - primary residence
Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M). We are immediately buying another house for $1.2M. As a married couple, we ge...
Jason Thomas
Opportunity Zones benefits explanation
Looking for any insight or info into Opportunity Zones. I am about to close on a property that is in an opportunity zone, but not sure if there are any immediate benefits. From what I've read, it sounds like if you ha...