WHAT IS AN OPPORTUNITY ZONEkirby2021-03-09T20:05:41+00:00
A NEW ECONOMIC DEVELOPMENT TOOL DESIGNED TO SPUR INVESTMENT IN DISTRESSED AREAS
By rolling over capital gains taxes into a qualified opportunity zone fund (QOF), investors can defer, reduce, and even eliminate any capital gains.
Inital Tax Deferral
Defer capital gains taxes from initial sale of stocks, bonds, real estate, businesses, and other assets by investing in a QOF.
Reduce capital gains taxes by 10% or 15% if the investment is held for 5 years or 7 years, respectively.
Exclude (forgive) capital gains taxes from QOF appreciation, if held for at least 10 years.
A NEW INVESTMENT APPROACH YIELDING MAJOR TAX INCENTIVES
The Opportunity Zone program was created as part of the 2017 Tax Cuts and Jobs Act (TCJA) to stimulate long-term private investments in low-income urban and rural communities across the United States. By providing tax benefits to investors, this new economic development tool is designed to incentivize investment and promote economic growth in distressed areas. For the first time in history, accredited investors with any capital gain can roll their gain into a development in an opportunity zone.
INVESTING IN AMERICA
More than 8,700 Opportunity Zones have been designated across the United States and are intended to foster long-term private sector investments in low-income communities.
IS AN OPPORTUNITY ZONE RIGHT FOR ME?
An Opportunity Zone Fund may be right for you if:
You seek tax deferral and possible complete tax elimination.
You seek institutional-quality property.
You do not want property management responsibilities.
You prefer limited personal liability loans.
You are an accredited investor.
REQUEST MORE INFORMATION ON AVAILABLE OPPORTUNITY ZONE PROPERTIES
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Securities offered through McDermott Investment Services, LLC, a Registered Broker Dealer. Member FINRA, SIPC. Home office 44 East Broad Street, Suite 216, Bethlehem, PA 18018. The information contained on this page is not an offer to purchase, which can only be done through the private placement memorandum which includes a description of risks and benefits. Securities are offered through McDermott Investment Services, LLC, a registered Broker/Dealer, Member FINRA, SIPC and MSRB. Home office 44 East Broad Street, Suite 216, Bethlehem, PA 18018 McDermott Investment Services, LLC, and Crawford 1031 Advisors are separate entities.
Investment real estate, including securitized real estate, comes with substantial risks, including but not limited to: the absence of guaranteed income; lack of liquidity; the risks of owning, managing, operating and leasing properties; possible conflicts of interest with managers and affiliated persons or entities; the risks associated with leverage, tax risks, including possible changes in tax law; declining markets and challenging economic conditions; on-going fees; and known or unknown regulatory challenges. Finally, it should be understood that the ultimate risk of investing in real estate could include the total loss of principal investment.
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