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

Summary Article

Overview of Resources

Webinar from Virtua

Website

https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions

Good investing,
Meb Faber
theideafarm.com