Number seven on our list of things not to do in your Qualified Opportunity Zone transaction, do not forget to either contribute cash or some kind of property into your Qualified Opportunity Zone Fund within 180 days. The contribution needs to be a capital gain and it needs to go into a QOZF within 180
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Is the individual taxpayer and/or investor you want to have listed inside of the Qualified Opportunity Zone Fund has experienced a capital gain?
The eighth thing not to do with your Qualified Opportunity Zone Fund, is to not qualify the investor and/or correct taxpayer. You will want to determine who is the ultimate investor that’s going to be coming into your QOZF. Make sure the person who is making the investment into the QOF has personally experienced the
Did you ensure your capital gain gets placed into a Qualified Opportunity Zone Fund within 180 days from the date of sale?
Making sure you get your capital gain into a Qualified Opportunity Zone Fund within 180 days from the date of your sale is the ninth thing not to do with your QOF transaction. We will start with our handy dandy Opportunity Zone Cheat Sheet. You need to start with a capital gain from a sale
Are you rolling over a capital gain from a sale to a related party?
The final thing not to do with your Qualified Opportunity Zone transaction is do not try to roll over a capital gain from a sale to a related party. Once again, we are referencing our handy dandy Opportunity Zone Cheat Sheet. You have to start with a capital gain from a sale to an unrelated
QOZB Capital: Innovating Working Capital
Innovation in the Opportunity Zone industry comes scarcely when regulatory updates are provided sparsely. The pain points in development are also very difficult to rectify on a large scale given that most are individual to each QOZB’s project. One such overall pain point lies in the restrictions placed upon investing undeployed working capital dollars. Austin-based
What is OZPros Compliance Bootcamp? Am I Going to Sweat!?
Am I going to get yelled at to do push-ups? The answer is no. OZPros Compliance Bootcamp is a Opportunity Zone Compliance themed weekly call every Tuesday from 10am EST to 11:30am EST that happens in the OZworks online community. OZPros Compliance Bootcamp is a monthly fee of $350.00 USD. This fee includes your membership
The OZPros Advantage – Why Choose OZPros Over Other Options in the Opportunity Zone Space?
What sets OZPros apart from any competitor or anyone else in the opportunity zone space is our transparency. With OZPros you are going to know exactly what your cost is going to be, exactly what you are going to get and how we are ultimately going to help you achieve your opportunity zone goals. Another
OZPros Is Attending The Novogradac 2022 Spring Opportunity Zones Conference
Apr. 21 | Hilton Long Beach, Calif. Online & In-Person Event 1:30 pm – 2:30 pm Speaker: Ashley Tison, Founder & CEO, Opportunity Zone Consultants Opportunity Zones continue to spur economic growth and development in low-income communities Find out how you can invest in distressed areas around the country while connecting with some of the
Almost $7 Billion Raised By QOFs in Q3 + Q4 in 2021
According to a report conducted by Novogradac, Qualified opportunity funds, also known as “QOFs”, reached an investment total of $6.88 billion from July to December 2021 (according to the Novogradac Opportunity Zones Investment Report). 1,342 QOFs were tracked by Novogradac to provide insights and statistics for this report. This is a substantial finding due to