This article by Joseph Pimentel and Jon Bannister originally appeared on Bisnow.com. You can access it here. In the first month after the coronavirus ground the U.S. economy to a
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Resource: Qualified Opportunity Zone Funds vs. 1031 Exchanges
This resource is credited to Griffin Capital. QOZ Funds 1031 Exchanges Eligible Gains Any capital gain, regardless of the asset that generated it Limited to gains from real property
This article by Joseph Pimentel and Jon Bannister originally appeared on Bisnow.com. You can access it here. In the first month after the coronavirus ground the U.S. economy to a halt, the opportunity zone marketplace had slowed along with the rest of the commercial real estate industry. The opportunity zones program has been described by the Trump
This resource is credited to Griffin Capital.QOZ Funds1031 ExchangesEligible GainsAny capital gain, regardless of the asset that generated itLimited to gains from real property held for investment or used tin a trade or businessReinvestment of ProceedsOnly reinvest capital gain; can reinvest basis but it will not receive tax benefitsMust reinvest all proceeds and have same
Thank you Griffin Capital for this Resource.Are you aware of the wide variety of capital gains that may qualify for investing in a tax advantaged Qualified Opportunity Zone (“QOZ”) Fund, even gains realized in 2019,before recent market turmoil? With tax fling approaching, now is an opportune time for a discussion around tax mitigation strategies.QOZ Fund
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Recently closedPinnacle OpportunityZone Project
