Hi All,Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year? What if I leave some in the deal, can I...
https://fundrise.com/education/blog-posts/opportunity-fund-1031-exchange-tax-advantages-for-real-estate-investorsAnyone has used the opportunity fund instead of a 1031 exchange to invest proceeds of investment propert...
I understand that the Section 121 Exclusion for Primary Residence allows you to sell your Primary residence and not have to pay ANY capital gains taxes on the gains/proceeds - as long as you use those funds to purchas...
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Has anyone purchased in a QOZ? If so, is there certain steps to take to qualify for the tax advantages? Thx
I have been closely following the developments around Qualified Opportunity Funds/Zones for the last bit now. Everyone has pretty much been on hold until we get more guidance from the IRS; but, yesterday they updated...
Anyone heard about opportunity zones? We are setting up an opportunity fund and will Work on creating a vehicle to help investors defer gains while investing into a fund that will develop properties in MN. This is e...
Hi Everyone,I’m looking to sell a property and going back and forth between doing a 1031 exchange into more properties or putting the funds into an Opportunity Zone Fund. From my opinion, the pros and cons of each ar...
Anyone have insight into these Opportunity Zones and Qualified Opportunity Funds? I’m more specifically interested in the Akron, OH market but I’m guessing all of the “Opportunity Zones” across the country provide the...
How does a self directed IRA compare to an opportunity investment zone and what is the most common strategy used in combination with either?