Qualified Opportunity Fund: Single-Tier vs. 2-Tier Structure
Wednesday, November 25
Over the past several months, I have been investigating whether I need to move from a single-tier Qualified Opportunity Fund (QOF) structure to a 2-tier QOF structure. Please note: my discussion of tax law below should not be interpreted as legal advice. As always, you should consult your lega...
Opportunity Zone Tax Benefit Decreases A Bit At 12/31/2019 Deadline
Sunday, December 01
I’m in the process of closing the sale of a rental property which has some built-in capital gain. The whole process has taken about 6 months (from the time my tenants moved out at the end of May). Assuming I can close by December 31, 2019, I will be able to defer the gain by putting it into a Q...
Qualified Opportunity Fund Investment Portfolio: What Did I Invest In?
Sunday, November 24
It’s been a busy 6 months since I set up my Qualified Opportunity Fund (QOF). [If you missed my first 2 posts, I provided an introduction to the new Opportunity Zone (OZ) tax law and my decision-making process in setting up my own QOF.] Please note: my discussion of tax law below should not be ...
Qualified Opportunity Fund Investment: 3rd Party vs DIY
Sunday, June 09
My Qualified Opportunity Fund (QOF) is set up and ready to go. [If you missed my first post, I provided an introduction to the new Opportunity Zone (OZ) tax law there.] Since the clock was ticking on my 180-day window for rolling my capital gain into a QOF, I had to make a decision on whether t...
Opening Take on the New Opportunity Zone Federal Tax Law
Sunday, January 13
Do you have potential capital gains from capital asset holdings that you want to reinvest in real estate or another business? I just closed the sale of a rental property which had a substantial built-in capital gain. If your potential gain is from the sale of real estate, maybe you are looking ...