Major OPPORTUNITY
One of the biggest potential tax breaks was passed last year but very few are aware of are these “Opportunity Funds”.
Below are a few links to get you up to speed…if you have any other great resources let me know…
quote then links
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Investing in Opportunity Funds can provide the following three tax incentives to investors:
- Deferral of capital gain;
- Possible reduction of the amount of gain realized through a basis adjustment; and,
- Possible permanent exclusion of gain on the appreciation for the interest in a Qualified Opportunity Fund.
Furthermore, there is no cap on the amount of money that can be invested in Qualified Opportunity Funds
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Download
Website
https://www.irs.gov/newsroom/
Good investing,
Meb Faber
theideafarm.com