Podcasts about qoz

As Congress unlocks the path for major tax legislation, Opportunity Zone leaders gather in Park City, Utah to shape what comes next. Recorded live at the “Yellow Brick Road to QOZ 2.0” summit, Jimmy Atkinson is joined by Jim Lang of Greenberg Traurig to break down the biggest takeaways from the event. They discuss the policy priorities gaining traction for OZ 2.0, including a 10-year extension, rolling deferral, expanded eligibility, and strategies to bring banks and operating businesses into the ecosystem. Plus: insights on rural investment, national security industries, and how stakeholders can help influence upcoming legislation. Show notes & summary: https://opportunityzones.com/2025/04/jim-lang-340/

Today, attorneys Toby Mathis, Esq., and Eliot Thomas, Esq., answer listener questions with a focus on various strategies for minimizing estate and income taxes. You'll hear about how to use non-profits or irrevocable trusts to avoid estate taxes, structuring an assisted care business with asset protection strategies, and setting up single-member LLCs taxed as S-Corps. For short-term rental tax deductions, it's clarified that a property can't serve both vacation and business purposes. The questions also address investment in qualified opportunity zones or QOZ's, 1099 tax options for truck drivers and other independent contractors, deducting home improvement costs, and alternatives to 1031 exchanges. Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: What is the best way to avoid estate tax? - Setting up a non-profit, or an irrevocable trust. Currently, only estates over $13 million get a federal tax I'm a nurse. I'm interested in starting an assisted care business in my home. Any recommendations to use for taxes or startup strategies? - Focus on asset protection - separate your building vs. operations in an LLC. You'll need good insurance and other protections for anyone coming into your home. My wife has a single-member LLC engineering firm and it's taxed as an SCorp. I plan to open my own business. Would I be able to open my own single-member LLC tax as an S -Corp? My CPA advised me to run my business through hers so that only one 1120S is filed. - Yes to the SCorp and NO to running through your wife's LLC. If you get sued someone can take everything from you. Can I use my vacation home as a short-term rental to tax write-off? So how do we do that? - it's either vacation or it's business, you don't do both, okay? I hear a lot about seven average days, but there is a lot of confusion behind those seven days. - The only reason there's confusion is because people don't know how to read the regs… I've realized capital gains from an installment sale in 2023. I've not received capital gains up to my basis yet. I will have a chunk every year up to the next five years. Can I still invest in a qualified opportunity zone? - QOZ's are ending at the end of 2026 I would like to focus on 1099-related options. I'm a truck driver, and I feel I'm paying very high taxes. - This is broader than just truckers, but don't start a sole proprietorship, try a C or S- Corp to cut down employment taxes. Sold our investment property in 2023, which was previously our residence for 10 years. When we started renting out our property about five years ago, our CPA did not advise us on updating the cost basis because you don't. Right. We have done many upgrades to the house during the 10-year stay. So this year, when we file our taxes and report the sale, we will be using the initial cost basis for the home. My question is, any way to deduct the expenses we had when it was our residence? - See form 315 to capture that missed depreciation. I see different ads from others saying there are options other than a 1031 exchange to defer taxes. Looking for any viable options, please. - We can look for UPREITS, Umbrella, partnership, real estate investment trust, things like that. Being a senior over 70, I really enjoy the videos I watch on YouTube as it's never too late to learn and try to understand real estate investing in taxes. But even if I do pick up some of the things, I still would need experts to do the job for me. What would it cost for Anderson's group to follow my future investments? I want to do this for my daughter who is now in her second year of college. - If you want turn-key investing, come to infinity investing Resources: How to Avoid Taxes When Selling Your Rental Property Infinity Investing Schedule Your FREE Consultation Tax and Asset Protection Events Anderson Advisors Toby Mathis YouTube Toby Mathis TikTok

We've all heard the saying, “Don't put all your eggs into one basket,” which rings true for building your portfolio. The ideal portfolio consists of more than stocks and bonds – it includes Alternative Investments, like real estate, drilling funds, and value adds. In this episode of Absolute Trust Counsel, certified financial planner Miguel Delgado joins us for a third installment of our financial planning discussion to take a deep dive into this invaluable topic. Together, we'll discuss the benefits of Alternative Investments, the different types, how to qualify, and how you can get the most out of them. These strategies include qualified opportunity zones (QOZ), 1031 exchanges, and so much more. Don't miss out - tune in now!   Time-stamped Show Notes: 0:00 Introduction 1:33 We've all heard the saying, “Don't put all your eggs in one basket,” so to start us out, we're discussing asset diversification and what it truly means. 2:51 Having a diverse mix of stocks and bonds can lessen your risk to an extent, but at the end of the day, they all belong to the same asset class. That's why, in this segment, we explore Alternative Investments. 5:40 What makes alternative investments less volatile? They're not affected by the same risks as publicly traded markets, like stocks and bonds. 8:37 Not everyone qualifies for Alternative Investments. Here's what you need to know. 11:15 Why are Alternative Investments crucial for a portfolio? The number one reason is spreading out risk. 13:09 Press Play as we explore some Alternative Investments and their benefits, starting with drilling funds. 15:37 A Qualified Opportunity Zone (QOZ) investment allows you to defer taxes for an event where capital gain is triggered. 18:35 A QOZ investment and 1031 Exchange are similar but have key differences. Listen in for everything you need to know. 20:41 While QOZ investments and 1031 Exchanges can both be used on real estate assets, one could be preferred over the other, depending on the circumstance. Here's why. 22:47 Thank you, Miguel, for sharing your incredible insights with us!

  David Gordon, a real estate developer, discusses his background and current projects, with a focus on qualified opportunity zones (QOZs). He explains the purpose and benefits of using the QOZ vehicle, including the ability to provide a higher level of impact to communities without financial assistance from local municipalities. Gordon emphasizes his long-term hold strategy, building high-quality projects with the intention of holding them forever. He discusses the challenges and market trends in Bozeman, Montana, and the importance of a well-structured team. Gordon also touches on the capitalization and exit strategy for his projects, including the use of crystallization and true-up provisions in operating agreements. In this conversation, the guest discusses the importance of upscaling advisors and finding an attorney who has the heart of a teacher. They also talk about future episodes and introduce the Streamlined Spotlight segment. The guest then shares how they have recently adopted Yardi Voyager to streamline their business and improve their accounting processes. Takeaways Qualified opportunity zones (QOZs) provide a higher level of impact to communities without requiring financial assistance from local municipalities. Long-term hold strategies allow for the development of high-quality projects and the ability to provide a wide range of housing options. Building strong teams and maintaining a sustainable structure is crucial for successful real estate development. Crystallization and true-up provisions in operating agreements can help align the interests of sponsors and investors. Simplifying operating agreements and ensuring transparency with investors is essential for building trust and long-term partnerships. Consider upscaling your advisors and finding an attorney who has the heart of a teacher. Implementing technology like Yardi Voyager can streamline business processes and improve accounting efficiency. Future episodes will explore additional topics related to real estate development and investment. The Streamlined Spotlight segment highlights the technology adopted by guests to streamline their businesses.

MapableUSA.com: When you want to learn all about Opportunity Zone investing, you go to an Opportunity Zones tax expert! So who better than HCVT's Blake Christian for an update on the status of the newest QOZ legislative bill, the “Opportunity Zones Transparency, Extension, and Improvement Act”? Then, listen as Mr. Christian provides all the details in his latest OZ Fund for his MIT Modular project, a project which definitely illustrates how transformational the Opportunity Zone program can be!

MapableUSA.com: Is the Opportunity Zone program just another tax strategy that many individuals facing capital gains tax exposure should know about? Yes, but it's much more than that! There are many under-appreciated aspects of OZ Fund investing that are going under the radar that will blow your mind! In this podcast, securities attorney and OZ expert Gerry Reihsen takes you through some examples and provides some thoughts on what makes a great Opportunity Zone investment!

MapableUSA.com: So you think you've heard it all regarding Opportunity Zones? Not so fast! In this podcast, securities attorney Gerry Reihsen from Reihsen & Associates not only goes over the current state of the entire QOZ Marketplace and latest legislative initiatives, but also explains the many unique usages of Opportunity Zone investing that often go overlooked by investors of all types.

Qualified Opportunity Zones (QOZ) offer significant benefits to investors and entrepreneurs and can often be overlooked. With this webinar, we are joined by Kirk Walton of GPWM Funds who specializes in QOZ's and maximizing cashflow, tax savings and profit. You will learn how to take advantage of the tax incentives and other benefits available from investing in a QOZ. you'll discover how to make the most of this lucrative investment strategy.Kirk illustrates the benefits of QOZ's by breaking down actual deals he has worked on, and explains how cost segregation studies and accelerated depreciation can generate passive losses which offset future income from assets or W-2 earnings. He also discusses the differences between a 1031 exchange and investing in an opportunity zone fund, such as getting new basis in assets for depreciation deductions and having more time to identify investments.We also discuss how the Opportunity Zone legislation provides a unique window in time for wealthy individuals to change communities and set up their family and children for long term, tax free growth of real estate. He explains that his fund focuses on rehab projects which provide additional tax savings such as deductions from donating old furniture and fixtures, deductions from qualified improvement property, cost segregation studies, and more. Kurt emphasizes the importance of looking at the totality of an individual's situation when considering investing in an Opportunity Zone Fund.About Kirk:Since the late 1990s, Kirk's combination of expertise in taxation, estate planning, law, personal finance, and investments has helped him become an elite comprehensive wealth manager, catering to the needs of high net worth individuals and families, including many prominent entrepreneurs, top level executives and venture capitalists in the technology sector. Prior to founding GPWM, Kirk started Eagle Financial Advisors, a fee-only registered investment advisor, in 2002. Prior to founding his own firm, Kirk was a partner with the Ayco Company (now a Goldman Sachs Company) and is an active member of the Idaho and California state bars. Kirk graduated in 1994 from Brigham Young University, majoring in Classical Studies, and earned his J.D., magna cum laude, from Pepperdine University School of Law.To learn more go to: https://gpwmfunds.com/about-gpwm-2

What is a Qualified Opportunity Zone (QOZ) and why might a developer consider using one? On today's episode our host Mary Vandenack, CEO, Founder and Managing Partner at Vandenack Weaver Truhlsen, and her guests Kim Kuhle, a real estate developer using Qualified Opportunity Zone Funding, and Jim Pieper, an attorney at Vandenack Weaver Truhlsen will answer these questions and more, including what are the tax benefits for the investors, what are the estate planning benefits of a QOZ, and why is it a good alternative for 1031?A Hurrdat Media Production. Hurrdat Media is a digital media and commercial video production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network and learn more about our other services today on HurrdatMedia.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode our host Mary Vandenack, CEO, Founder and Managing Partner at Vandenack Weaver Truhlsen, talks to Kim Kuhle, a real estate developer using Opportunity Zone Funding, and Jim Pieper, an attorney at Vandenack Weaver Truhlsen. Their discussion centers on Kim's development of Veterans Victory Housing & Small Business Centers and why she used Opportunity Zone Funding to get started. Tune in to learn how you might use QOZ's to make your dream a reality.A Hurrdat Media Production. Hurrdat Media is a digital media and commercial video production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network and learn more about our other services today on HurrdatMedia.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode's guest is Barret Linburg, the founder of Savoy Equity Partners. Barrett's niche is deploying capital into multifamily real estate investments located in qualified opportunity zones. When my company (Ainsley Investments) raised our first QOZ fund for our real estate firm, Barrett's content was a resource we used to get educated on QOZ mechanics and benefits. This episode we discuss Barrett's career and how he started during the great financial crisis. We move on to discussing his company and how they evaluate multifamily investments. We then talk about opportunity zones and Barrett gives a master class on QOZ, and why it's his preferred tax structure to invest in real estate. Hope you enjoy the show!Twitter: https://twitter.com/max_gagliardi Twitter: https://twitter.com/Always_Building LinkedIn: https://www.linkedin.com/company/talkenergy YouTube: https://www.youtube.com/c/max_gagliardi

Description: Join Michael Episcope, co-founder of Origin Investments, as he shares his expertise on real estate investing and wealth accumulation. In this episode, Michael covers topics such as 1031 exchanges vs QOZ investing, the benefits of real estate as a wealth protection asset, finding tax-efficient income through real estate, and utilizing market trends for maximum returns. Don't miss this opportunity to learn from one of the top real estate experts in the industry! Michael can be reached at: https://origininvestments.com/ Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Due your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp Follow our YouTube channel: https://www.youtube.com/chL1357 Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2023

MapableUSA.com: So you have capital gains tax exposure and you want to take advantage of the Opportunity Zones program. Do you have to do it alone? Of course not. Many are creating Joint Ventures with real estate developers and others to reap the full tax benefits the program offers. In this podcast, Gerry Reihsen, the CEO of the Coasis Coalition, explains how it's all done and everything you need to watch out for.

Syndication is different from a fund. There are particular circumstances under which it makes more sense to go with a fund. So what are the differences between a fund and syndication, along with the similarities between the two? We answer those questions in today's #Highlights episode with Brian Hamrick and Michael Episcope.Brian highlights the fact that returns from funds will always be different and that it is so important that you and your investors are on the same page. Meanwhile, Michael details how they structure their funds – income plus fund and QOZ and he emphasizes the need to create a better fund structure and meet the market demand. Listen now and learn how to build your fund today!

Qualified opportunity zones were created as a bipartisan effort to encourage economic growth, improve housing and de-segregate distressed neighborhoods. Tomorrow at 8 pm EST, I'll discuss the tax benefits of QOZ's, and compare this approach to 1031 exchanges as a way to defer and reduce capital gains tax:In this episode, we discuss the following: What is a Qualified Opportunity Zone?How does a Qualified Opportunity Zone work? Tax benefits of Qualified Opportunity ZonesQualified Opportunity Zone vs 1031 exchange

Do you want to invest in real estate but don't know where to start? Michael Episcope is Co-CEO of Origin Investments in Chicago founded in 2007. He and his partner started the company to invest their own capital into real estate. They then brought on friends and family and then continued to grow its investor base. Now the company manages over $1.4 billion in assets through various funds including two QOZ Funds or Qualified Opportunity Zone Funds. They only invest in the QOZ funds when they find a deal that works on its own merits and just happens to fall into an opportunity zone. Learn more about the tax savings opportunities of investing in QOZ Funds in this episode. For links and resources discussed in this episode, please visit our show notes at https://darinbatchelder.com/qoz-funds  

When it comes to managing capital gains tax, are Opportunity Zones the solution? Are these funds, in fact, the quintessential hedge in an uncertain and rapidly-changing economy? As awareness increases, investors and advisors look to QOZ funds (and their deadlines) as a primary vehicle for their gains. Ashley Tison is founder and president of OZPros, a national leader in helping people with capital gains harness the generational wealth creation opportunity of Opportunity Zones.  Transcript and show notes at OpportunityDb.com.

Real-estate gains? Sold a business? Cashing out on Crypto? Erik Hayden of Urban Catalyst joins the show to discuss the QOZ tax strategy when experiencing capital gains. Erik brings years of urban real-estate development experience to show and also sheds some light on positive impacts from COVID!

A well-managed fund will ensure the security of investment. Real estate fund managers should be able to structure and manage the fund. With this, investors can be assured that their investment will grow and not go to waste. In today's episode, we speak again to Michael Episcope of Origin Investments and he shares his knowledge on how to structure and manage funds.Michael says the number one rule in investing is don't lose money. Michael says it is crucial to prove that you have the capital to run your real estate business. Michael also details how they structure their funds – income plus fund and QOZ. He emphasizes the need to create a better fund structure and meet the market demand. Finally, he shares why investors should be educated about Buy Fix and Hold Strategy. Tune in now and learn the ropes of fund structure and management.

Please visit my website for the full video transcript: https://tanphan.com/blog Connect with me on LinkedIn: https://www.linkedin.com/in/tanmphan TAN Wealth Management Hi everyone, my name is Tan, and I am an independent CERTIFIED FINANCIAL PLANNER™ practitioner at TAN Wealth Management. The purpose of this educational video is to provide a basic understanding and awareness of the Qualified Opportunity Zone (QOZ). Overview - What is a qualified opportunity zone (QOZ)? - What is a qualified opportunity fund (QOF)? - What are the tax benefits to the investors? - Quotes directly from the IRS website

MapableUSA.com: With approximately 8,760 Opportunity Zones in the USA to chose from, how do you go about finding a great project in a great area? In this podcast, Jill Homan, the President of Javelin 19 Investments, goes over the latest legislative and regulatory considerations pertaining to the Opportunity Zones marketplace including how the most recent census data may impact the future of the program – and also explains some of the criteria she looks for to provide her high net worth individuals and family offices with solid investment opportunities in these OZ locations.

MapableUSA.com: What once was the wild, wild west continues to be more clearly defined regarding Opportunity Zones. More and more resources have become available to anyone seeking to learn, participate, analyze, and profit from this tax deferral strategy. In this podcast, David Sillaman (the CEO and Founder of Eazy OZ) talks about all the projects and resources his company have created to help ANYONE interested in the Opportunity Zones marketplace navigate all things Opportunity Zone wise with ease and success

Growth investors have been well-rewarded over the past decade. For example, the S&P500 index (US market) has delivered an average return of 14.5% p.a. over the past 10 years solely off the back of growth stocks, mainly technology. However, this year to date, value has outperformed growth. If this continues, it could have significant implications for investors.Value versus growthA ‘value’ approach involves investing in companies that appear to be under-valued by the market. Investors use a number of ratios to measure whether a company is under or overvalued including price-earnings (PE) ratio, book to market value and so on. The investment thesis is that there is a large body of evidence that demonstrates your starting valuation is a good indicator of future returns. When valuations are low, subsequent returns are high. Such companies also tend to have strong fundamentals including strong cash flow, profitability, strong balances sheets, etc.A ‘growth’ methodology is less concerned about whether the company is fairly valued by the market. It is all about future potential for growth. Growth investors are encouraged to focus mainly on top line indicators such as user numbers, revenue and growth potential e.g. how big the market could be one day. It seems that profitability is rarely a consideration.Tech has been a big contributor to growthThe large US tech companies have been major contributors to the stock markets growth over the past ten years. The chart below measures how much the FAAMG stocks (being Facebook, Amazon, Apple, Microsoft and Google) have contributed towards the overall performance of the S&P 500 index over the past 1 to 5 years. Over the past 5 years, they are responsible for driving almost half (48.4%) of the index’s return.If we look at the PE ratios that these FAAMG stocks, we can clearly see that valuations seem unsustainable (Facebook = 31, Amazon = 81, Apple = 36, Microsoft = 38 and Google = 37). To put this in context, the average PE for the S&P 500 has historically ranged between 14 and 18.Growth has been the clear winner over the past decadeThe chart below (published by Dimensional) compares the returns from value and growth since 1926. As you can see, for 84 years (between 1926 and 2010), value was the clear winner. But since 2010, growth has out-performed, particularly over the past 3 years.But value has performed better this yearOne thing that is for certain in financial markets is that outperformance never persists forever. Markets move in cycles. Returns eventually revert to their long-term mean. That means that periods of relative out-performance usually are followed by periods of relative under-performance.The chart below produced by S&P Dow Jones below illustrates the returns for the 3 months ended 31 March 2021. ‘Pure value’ was the second highest performing factor returning 21%. That compares very favourably against ‘pure growth’ which returned only 0.8% for the period.In Australia, the performance differential was just as stark. ASX200 Value returned 8.5% for the 3 months ending March 2021 whereas Growth lost 0.09%.What has changed this year?It is natural to question why the market has switched fromgrowth to value this year. The simple answer is the best performing sectors this year (Q1 of 2021) were energy, financials, materials and real estate. The worst performing were consumer staples, technology, utilities and health care.The value index is heavily under-weight in technology and heavily overweight in financials.To my mind this change has probably been precipitated by the aggressive rollout of the Covid vaccine in the UK and US, and to a lesser extent, Europe. The market is now starting to get a more reliable indication about how far away the global economy is from returning to pre-Covid levels.Growth portfolios exhibit more riskReturns are important, but so is risk. A growth portfolio currently exhibits substantially more risk than a value portfolio because growth company valuations are elevated by historical standards. In fact, the US CAPE ratio, which is a reliable indicator of future medium-term returns, is extremely elevated (see here – when the CAPE is above average, future returns will be below average). This makes sense. If you over-pay for a stock, the only way you can make a profit is if the stock value keeps rising. But the higher its price gets, arguably, the lower the likelihood the price will keep rising, especially if it’s not supported by higher earnings.However, most of these lofty valuations are centred in just a few sectors most notably consumer discretionary (thanks to Amazon) and technology, whereas financials are relatively cheap. By adopting a value approach, you avoid the riskiest companies and sectors in the market, particularly if you agree that some of these valuations are unsustainable.Will this trend continue?Will value continue to outperform growth? The short answer is no one knows.The longer answer is that growth has outperformed value by 2.3% p.a. over the past 10 years, and by more than 21% p.a. over the past 3 years. Over the past 2 to 3 years, I have been tilting my client’s portfolio towards value, mainly to reduce risk but also to generate higher returns. I have been doing this because historical evidence demonstrates that growth will not outperform forever. At some point the market will realise that you cannot make money in the long-run if you pay over 1,000 times annual earnings for a company (e.g. Tesla). I don’t know when that will be. But 95 years of data/evidenced demonstrates that tilting towards value will likely yield better returns over the next 5 to 10 years. The key is not to try to pick short term trends. Medium to longer term trends are far easier to identify.Value options are limitedUnfortunately, there are limited value options for retail investors. There are a couple ETF’s which provide global exposure (being VVLU and VLUE). The only ETF that gives you Australian exposure is QOZ which uses fundamental indexing. I’m not recommending these investments of course, just highlighting they exist.In fact, it’s very important to highlight that there are many low-cost, rules based managed funds that use proven value methodologies that will probably never be available in an ETF format. This is why it’s important to receive independent financial advice, to ensure your portfolio is structured correctly to minimise risk whilst maximising future returns.

MapableUSA.com: Did 2020 go quickly or slowly for you? Regardless, those involved in Opportunity Zones investing are facing some important end-of-year deadlines that they absolutely need to be aware of. Listen to this podcast where Clint Edgington from the Nest Opportunity Fund goes over some advanced planning and tax topics that could mean the difference of thousands of dollars for Opportunity Zone Fund investors.

MapableUSA.com: We all know how hard it is to get bipartisan support for anything in the political realm, but Qualified Opportunity Zones (QOZ) investing seems to be the exception. Senator Tim Scott’s QOZ initiative has already generated $75 billion into Opportunity Zone fund investment, and the program is still in its infancy! In this podcast, Emily Lavery, the legislative assistant to Senator Scott, talks about the past, present, and future of the Opportunity Zones program - and explains why job creation is the key component for its success.

Qualified Opportunity Zone Investment transactions are complex and confusing. Go Ahead, ASK! demystifies what qualifies and what doesn’t. Join us for a discussion with David Levinson, 1031 Property Specialist, American Trust Investment, Inc., which includes the history and background and benefits of Qualified Opportunity Zone Investments, the differences between Qualified Opportunity Zone Investment Funds and 1031 Exchanges, how the QOZ works, property types available through a QOZ Fund, and selecting OpZone Funds for investment including a hypothetical case study. Email your investment real estate questions to ASK@exeterco.com and we’ll address them in our next episode.Subscribe to our YouTube channel here: https://www.youtube.com/TheExeterGroupofCompanies/

Show Description: Jason starts the show with stating that, “if you’ve recently sold a business, have a stock position with a lot of long-term capital gains, or thinking about selling a piece of real estate with a lot of appreciation, you need to listen to this show and pay tons of attention”. Alex chimes in stating, that this is one of those opportunities that is relatively new. Only three years old. Alex mentions the beginnings of 401(k)s and 1031 exchanges as examples. If you have a potential liquidity event coming up, you may want to pump the brakes before paying the taxes and investigate Qualified Opportunity Zone Fund (“QOZs”).Jason explains that basically, three years ago, legislation was enacted through the Tax Cuts and Jobs Act, that focuses on creating growth and job opportunities in underserved communities, into which new investments may be eligible for enhanced tax treatment. Alex adds that this is not only a tax benefit but also provides a new investment to invest in and helps our country. Jason states “Profit with a Purpose” stealing a line from Urban Communities, a real estate partner. He continues that Urban Communities purpose is to totally renovate communities and create an unbelievable lifestyle for their residents with new apartment homes, workout classes and gardens. Alex adds that energy efficiency is also a big topic of this program. Jason circles back, calling out to investors who have sold a business or have a concentrated stock position with large capital gains, QOZs will give you some tax benefits. QOZs have been designated across all fifty states. Currently there are 87 hundred QOZ funds available. However, you need to be careful about who you invest with. Alex adds that there are pros and cons to this and to think about where you are investing. Typically, these are areas where no one has wanted to invest in previously. What are the benefits of this investment? Does this real estate group have a track record of adding benefit to underserved communities?Jason segue’ s into the three major tax benefits of QOZs: deferral of the recognized capital gains, reduction of capital gains, and elimination or tax-free returns on QOZ investment. He further goes into outlining the timing of investment and time periods required to gain full benefits. Alex mentions that from what he is hearing from Jason, this is not something that an individual will be reviewing on their own. A team of investment professionals will be required to execute due diligence and research on all the investment options. He adds that Intelligence Driven Advisers is currently reviewing a QOZ fund that is looking to raise a billion dollars. Big players are involved in this space. Jason adds that real estate developers involved are some of the biggest companies in the country with long track records. Players like, Clarion and Related. He adds that he would ONLY invest in a company or group with a long-term track record. Alex asks for clarification, as earlier mentioned, QOZs have only been around for a short time. Alex and Jason confirm that you should look for companies that have a history in “substantial or original development”. Jason further drills down into the renovation requirements placed on the development companies. Basically, the purchase of a 20-million-dollar building will require an additional 20 million in renovation to qualify as a Qualified Opportunity Zone. Jason goes on to share his personal experience with an investment into an underserved community and how moving it was to see an area that was rundown go through gentrification. Jason continues with breaking down the potential tax benefits with giving examples based on dollar figures and how the deferrals can provide other investment opportunities. Jason closes out the show with stating, there is way too much to cover in a twenty-five-minute show, so please contact us if you have additional questions. Jason invites listene

Show Description: Jason starts the show with stating that, “if you’ve recently sold a business, have a stock position with a lot of long-term capital gains, or thinking about selling a piece of real estate with a lot of appreciation, you need to listen to this show and pay tons of attention”. Alex chimes in stating, that this is one of those opportunities that is relatively new. Only three years old. Alex mentions the beginnings of 401(k)s and 1031 exchanges as examples. If you have a potential liquidity event coming up, you may want to pump the brakes before paying the taxes and investigate Qualified Opportunity Zone Fund (“QOZs”).Jason explains that basically, three years ago, legislation was enacted through the Tax Cuts and Jobs Act, that focuses on creating growth and job opportunities in underserved communities, into which new investments may be eligible for enhanced tax treatment. Alex adds that this is not only a tax benefit but also provides a new investment to invest in and helps our country. Jason states “Profit with a Purpose” stealing a line from Urban Communities, a real estate partner. He continues that Urban Communities purpose is to totally renovate communities and create an unbelievable lifestyle for their residents with new apartment homes, workout classes and gardens. Alex adds that energy efficiency is also a big topic of this program. Jason circles back, calling out to investors who have sold a business or have a concentrated stock position with large capital gains, QOZs will give you some tax benefits. QOZs have been designated across all fifty states. Currently there are 87 hundred QOZ funds available. However, you need to be careful about who you invest with. Alex adds that there are pros and cons to this and to think about where you are investing. Typically, these are areas where no one has wanted to invest in previously. What are the benefits of this investment? Does this real estate group have a track record of adding benefit to underserved communities?Jason segue’ s into the three major tax benefits of QOZs: deferral of the recognized capital gains, reduction of capital gains, and elimination or tax-free returns on QOZ investment. He further goes into outlining the timing of investment and time periods required to gain full benefits. Alex mentions that from what he is hearing from Jason, this is not something that an individual will be reviewing on their own. A team of investment professionals will be required to execute due diligence and research on all the investment options. He adds that Intelligence Driven Advisers is currently reviewing a QOZ fund that is looking to raise a billion dollars. Big players are involved in this space. Jason adds that real estate developers involved are some of the biggest companies in the country with long track records. Players like, Clarion and Related. He adds that he would ONLY invest in a company or group with a long-term track record. Alex asks for clarification, as earlier mentioned, QOZs have only been around for a short time. Alex and Jason confirm that you should look for companies that have a history in “substantial or original development”. Jason further drills down into the renovation requirements placed on the development companies. Basically, the purchase of a 20-million-dollar building will require an additional 20 million in renovation to qualify as a Qualified Opportunity Zone. Jason goes on to share his personal experience with an investment into an underserved community and how moving it was to see an area that was rundown go through gentrification. Jason continues with breaking down the potential tax benefits with giving examples based on dollar figures and how the deferrals can provide other investment opportunities. Jason closes out the show with stating, there is way too much to cover in a twenty-five-minute show, so please contact us if you have additional questions. Jason invites listene

What Opportunity Zone fundraising trends can be gleaned after raising $465 million? And what's next for Opportunity Zones in the midst of the coronavirus pandemic? Nick Parrish is managing director and head of business development at Cresset Partners, a multifamily office that specializes in alternative investments in real estate, private capital, and Opportunity Zones. Their first QOZ fund closed earlier this year after raising $465 million. Transcript and show notes at OpportunityDb.com

In this inaugural podcast of Breaking Ground, real estate insights, Ken Weissenberg, Tax Partner and Co-Leader of EisnerAmper’s National Real Estate Group, shares insights from the latest round of Treasury and IRS guidance on QOFs, the impact these regulations could have on investors, and still-unresolved issues surrounding QOZ investing.

BMT Wealth Management President Jennifer Dempsey Fox and Jennifer Marshall, senior vice president and director of tax services at BMT, discuss the time-sensitive topic of Qualified Opportunity Zone Funds, created by the Tax Cuts and Jobs Act (TCJA) of 2017. This is a follow-up episode on a closely watched topic that, until recently, was in need of definitive IRS regulations.

What if I told you there was a way for real estate investors to significantly reduce their existing capital gains tax liability? And eliminate ALL capital gains taxes from a property’s future appreciation? The dream is real, and it exists in the form of Qualified Opportunity Zones, a program included in the 2017 Tax Cuts and Jobs Act to encourage investment in low-income census districts. So, how does it work? And how can you take advantage of these opportunity zones to grow your business? Andrew Greer is the CEO of Thomas Strafford Investments, a real estate investment company based in San Diego. Thomas Strafford manages investments in single and multifamily renovations as well as ground-up builds throughout Southern California. An expert in local zoning, Andrew believes that specialization is key in delivering predictable returns. On this episode of Founders Club, Andrew joins Oliver to share the big-time tax benefits of investing in Qualified Opportunity Zones (QOZs) and explain how the program works. He discusses how to find the low-income census districts that qualify as QOZs, offering insight around which cities have the most upside potential for developers. Listen in for Andrew’s advice on learning about zoning and find out how brokers might market QOZs to grow their business! Key Takeaways [1:23] The fundamentals of Qualified Opportunity Zones Invest in one of 8,500 low-income census districts Capital gains tax deferred, reduced or eliminated [4:23] How the opportunity zone program works Double basis in spend within 31 months Works best with ground-up development [11:37] Why Andrew is developing microunits in these areas Much lower cost per square foot Reduce cost of parking stalls (public transport access) [17:51] The cities with the greatest QOZ upside potential San Diego, LA and Oakland New York, Florida and Tempe, AZ [20:40] The benefits of investing in opportunity zones Deferral on taxes through 2026 Hold 7 years = no tax on 15% of gains Hold 5 years = no tax on 10% of gains Hold 10 years = no tax on appreciation [31:15] How to find Qualified Opportunity Zones Resources on Andrew’s website Search by address or census district [33:42] Andrew’s advice on learning about zoning Attend local planning committee meetings Network through Urban Land Institute [45:44] The best resources to learn about zoning No universal tool available (local specialization) Use Scoutred, Google city name + zoning [51:07] How to market for Qualified Opportunity Zones Educate property owners re: selling for max value Search for cash buyers in area [57:07] Andrew’s top tools and apps Workep (Trello on steroids) Facebook ads Connect with Andrew Thomas Strafford Investments Email andrew@thomas-strafford.com Qualified Opportunity Zone Info Connect with Oliver Big Block Realty Oliver on Facebook Oliver on LinkedIn Resources IRS Opportunity Zones FAQ Forbes Article on Opportunity Zones Urban Land Institute Scoutred Los Angeles Zoning Kent Clothier Workep How to Be a Real Estate Developer

The IMN Opportunity Zone Forum is being held in Chicago on September 19th. Listeners of the podcast can use code NSCM20 when registering for a 20% discount It was recently announced that PTM Partners and Estate Investments Group secured a $55 million construction loan to build an 18-story apartment project in an Opportunity Zone.  The development group also secured about $18 million in mezzanine financing in addition to the construction loan. The developers are building a 360-unit multifamily building in Miami near the Miami Central train station.  The deal marks one of the first construction loans given to an Opportunity Zone project in South Florida. Joining the podcast to discuss Opportunity Zones is Brad Molotsky, attorney and partner at Duane Morris.  Brad practices in the area of real estate law and is co-head of the firms Opportunity Zones practice group.      

The IMN Opportunity Zone Forum being held in Chicago on September 19th. Listeners of the podcast can use code NSCM20 when registering for a 20% discount Silverback Development recently announced it has raised  $50 million in capital to seed a new Opportunity Zone Fund.  The capital will be used to accelerate its expansion to markets including Louisiana and North Carolina.  Silverback currently has four OZ sites which include Astoria, Long Island City, South Bronx and Stamford, Connecticut. Joining the podcast to discuss Opportunity Zones is Craig Bernstein, Principal of OPZ Bernstein, a subsidiary of The Bernstein Companies, a Washington, DC based real estate investment management firm.  Prior to founding OPZ Bernstein, Craig the Chief Investment Officer of White Star Investments, a prominent single-family investment office in Bethesda, MD.

The IMN Opportunity Zone Forum forum is being held in Chicago on September 19th.  Listeners of the podcast can use code NSCM20 when registering for a 20% discount Normandy Real Estate Partners is the latest major real estate player to launch an opportunity zone fund.  The New Jersey-based fund announced its first development deal acquiring a property in Prince Georges County, Maryland.  Normandy bought the property for 6.3 million and plans to demolish the existing building and develop at 160 thousand square foot warehouse. Joining the podcast to discuss OZ markets and risk is Gavriel Kahane, Managing Partner and Chief Investment Officer of Opportunity Development Group or (ODG).  ODG has launched a Qualified Opportunity Fund to invest in opportunistic development and redevelopment projects in targeted growth markets.

The IMN Opportunity Zone Forum is being held in Chicago on 9/19/19, listeners of the podcast can use code NSCM20 when registering for a 20% discount To stimulate greater multifamily residential and commercial development in Opportunity Zones, Ben Carson recently announced that FHA will now insure mortgages on mixed-use development under the agency’s Section 220 Program in thousands of lower income communities across the country.  The 220 program insures lenders against loss on mortgage default. Carson’s announcement expands eligibility of mortgages insured under this program to all Opportunity Zones, including those located in rural areas. Joining the podcast to discuss opportunity zones is Jill Homan, President of Javelin 19 Investments, a Washington DC based real estate investment, development and advisory firm.  Since January, Jill has worked with legislative and administration members to develop a comprehensive understanding of the opportunity zone incentive.  Jill testified at the first IRS Opportunity Zone hearing in February 2019 and is scheduled to testify at second upcoming IRS Opportunity Zone hearing in July.

Interview begins: 06:02Debrief begins: 39:50Barbara Bickham is the co-founder and Managing Director of WIF AX. WIF AX (Women's Innovation Fund Accelerator) is a Qualified Opportunity Fund building women-balanced and environmentally-sustainable organizations within QOZ's nationwide. They plan to use a mix of incubation, shared workspace, and business finance while requiring participants to have a C-suite made up of at least 50% women, and operational plans which contain environmental sustainability considerations.WIF AX was founded in 2019 and based in Los Angeles, CA.Learn more about WIF AX: https://wifaxvc.com/--Follow upside on Twitter: https://twitter.com/upsidefm Vote for upside for the 2020 SXSW Panel Picker: https://upside.fm/vote

Qualified Opportunity Zones were created in the 2017 tax plan passed by congress.   Following is from my second conversation with Real Estate Accountant, Jonathan McGuire, from Aldrich Advisors.  In this we dive into the clarifications provided Treasury Department draft proposal of proposed regulations.  Eventually, final regulations will follow. In the second round, a path from inception to exit strategy has been made clear.   On CREPN Radio episode #158 Round I, Jonathan explained what Qualified Opportunity Zones were and their purpose.  For investors with a capital gain, from any investment, they could invest with a temporary deferral on the owed tax if they stayed in for 5 or 7 years.  If they stayed in 10 plus years, the subsequent gain on the investment in the Qualified Opportunity Zone is TAX FREE.  Click the link to download your Qualified Opportunity Zone Explanation Temporary Gain Deferral Temporary Gain Deferral is the initial benefit to investors with capital gains who reinvest their gain into a Qualified Opportunity Fund that invest in a Qualified Opportunity Zone.  The QOZ deferral program last until December 31, 2026 at which time, the deferred tax becomes due.  Discount on the Original Capital Gain    If the investor holds the investment for: 5 years by 12/31/2026, the investor receives a 10% discount on the basis for which tax is owed.   7 years by 12/31/2026, the investor receives a 15% discount on the basis for which tax is owed TAX FREE BONUS  If the investor holds the investment for more than 10 years, ALL SUBSEQUENT GAINS ARE TAX FREE! Round II Clarifications: Use inside the Qualified Opportunity Zones -  Originally, the understanding was specific to the real estate; new construction, or substantially improved.  The round II clarified that tenants in a QOZ can also take advantage of the tax laws. TAX FREE GAIN End Date Round II clarified the end date for the free bonus on the subsequent gain.  The 100% tax free subsequent gain ends in 2047. Previously, there was no recognized end date attached to this.  This will likely create another anniversary date for additional market activity.    Fund Rules Fund Rules require that 90% of assets held by opportunity zone fund must be invested in qualified opportunity zone stock, partnership or property.    And, at least 70% of the property inside of the business, etc must be qualified, ie: acquired after 12/17, substantial improvement, original use inside the QOZ, etc.    More Clarifications: Land will always have original use.  This clarification reduces the amount of substantial improvement required, due to the subtraction of the land value from the purchase price.  The reference point for determining the value of the land is the county assessor tax record.     QOZ allows you to separately recognize the true economic value of the structure and land.  By lowering the value of the structure, this lowers the amount of substantial improvement needed to qualify for the QOZ.   Depreciation, if you keep the investment for 10 plus years and sell before 2047, for qualified investments, there will be no capital gain and capital gain tax.  Therefore, the benefit of a cost segregation study is worth even more when considering the basis step up. Because you have no gain, you can have no depreciation recapture.     Paying the deferred tax from your original gain that your deferred into the Qualified Opportunity Zone has been made easier.  Round II explanation provides the option to refinance the property, take cash out so that you can pay the tax due in 2026   Property in lieu of cash can be contributed to the Qualified Opportunity Zone.  If you currently own property in a zone, but do not have a gain from a sale, you can contribute the property you hold into the fund, and participate in the investment. BIGGEST RISK  Each week I ask my guest, “What is the Biggest Risk Real Estate Investors face?”   BIGGEST RISK: I would say the BIGGEST RISK is not taking a serious look at Opportunity Zones. If you don't do it and put a little bit of sweat equity into this to see if you can you can make a deal fit inside of a zone. If you have a project underway or a potential project that you're looking at I mean, you would be doing yourself a disservice if you have a property or a business that it's going to be located in the zone and not take advantage of this. Now maybe you don't have capital gains so you can't do anything. But you know maybe you need some investors, and you need capital. Why take a debt interest? Let's get somebody with equity that wants to have a vested interest in seeing the business succeed and create an investment that works for them and for you. And then it's a win win on both sides.  For more go to: www.aldrichadvisors.com jmcguire@aldrichadvisors.com

* Use coupon code PODCAST25 for 25% off this webcast * Webcast URL: https://www.theknowledgegroup.org/webcasts/opportunity-zones-opportunity-funds/ Join us for this Knowledge Group Online CLE Opportunity Zone Webinar. Qualified opportunity zones (QOZ) are emerging as a significant economic development tool to help economically distressed areas to prosper. Under the QOZ program, investors are encouraged to invest in qualified opportunity funds (QOF) through tax incentives. While investors are drawn to QOZ and QOF because of the tax benefits, the evolving regulatory paradigm of tax laws should also be underscored. Businesses and their counsel must be abreast of the regulatory changes to avoid the pitfalls as they maximize the investment's potentials. Join a seasoned panel of thought leaders and professionals brought together by The Knowledge Group as they provide an in-depth discussion of the promises and perils of QOZ and QOF. Speakers will also present emerging trends and updates surrounding this topic and offer practical tips to leverage opportunities. For anymore information please click on the webcast url at the top of this description.

MapableUSA.com: Investors in a Qualified Opportunity Fund can defer, reduce and even pay as little as zero taxes on potential profits if their investment is held for 10 years. In this podcast, we spoke with Brett Messing, the Partner, President, and Chief Operating Officer of the Skybridge Opportunity Zone Fund, who have developed a differentiated, “research driven approach” to screen the various Qualified Opportunity Zones (QOZ) that make for interesting projects for those QOZ investors who like the REIT structure to invest in deals. Why a REIT? This podcast explains it all!

MapableUSA.com: Opportunity Zones continue to be the talk of the real estate crowdfunding world. But when most say “Opportunity Zone”, many think of urban areas in big cities. However, Opportunity Zones have been designated in all states in a variety of areas, including rural areas as well. In this podcast episode, listen to Sheldon Mudd, the Executive Director at the Northeastern Nevada Regional Development Authority as he explains how the land diversity and government incentives in Northern Nevada lends itself to some unique and interesting rural Opportunity Zone based projects just waiting for the right investors

MapableUSA.com: When most people talk about Opportunity Zones, they talk about the tax incentives the program provides for those facing capital gains taxes. Or they mention the Opportunity Zone funds that provide the actual investment into the real estate and redevelopment of distressed areas. But how did this program come to be in the first place? To answer that question, we interviewed Erin Gillespie of Madison Street Strategies who discussed how each particular zone was determined and how her unique background working for government entities provided her with the experience to help communities benefit and gain knowledge on how the opportunity zones program can enhance local communities.

* Use coupon code PODCAST25 for 25% off this webcast * Webcast URL: https://www.theknowledgegroup.org/webcasts/qualified-opportunity-funds/ The Tax Cut and Jobs Act authorized each governor to designate certain census tracts as “Qualified Opportunity Zones” (“QOZs”). Taxpayers realizing capital gains after December 31, 2018 can invest the cash realized from those events in a Qualified Opportunity Fund (“QOF”) for investment in a QOZ and take advantage of tax benefits, including deferral and partial reduction of their initial capital gain and complete avoidance of capital gain upon sale of the qualified asset. These benefits are subject to a myriad of rules, and companies must still be wary of the evolving tax regulations and other guidance. Join a panel of key thought leaders and professionals assembled by The Knowledge Group as they provide the audience with an in-depth analysis of the implications of QO Fund for real estates and investors. Speakers will also discuss best practices to overcome challenges while maximizing opportunities. For anymore information please click on the webcast url at the top of this description.

MapableUSA.com: The word is out about Qualified Opportunity Zones (QOZ) and just about every real estate professional in the country is interested about how this IRS sanctioned program works. Investing in a QOZ Fund provides all Americans with a way to save money on their taxes and provides real estate developers with a great angle to raise money for their projects. But are these investment vehicles securities? Can non-accredited investors participate? How can issuers create their own fund? Listen to attorney Mark Roderick from Flaster Greenberg address these questions, what the intricacies of QOZ investing are, and many others on this episode of the Mapable USA crowdfunding podcast.

MapableUSA.com: Real estate is by far the most popular segment of the crowdfunding industry. The JOBS Act of 2012 fundamentally changed the way that real estate can and is being financed and marketed. Now real estate sponsors can advertise their deals online to raise both equity and debt, and investors can search those deals to directly invest in them. In this podcast, we spoke to Adam Gower, Ph.D of the National Real Estate Forum who talked about real estate syndications, how syndicators differ from sponsors, and how investors can participate in real estate syndication deals – and what the biggest issue there is today with real estate syndications that you must be aware of and understand.

MapableUSA.com: “I’m from the government and I’m here to help you”. That phrase made famous by Ronald Reagan usually doesn’t seem to apply for everyday investors, but in the case of Qualified Opportunity Zones (QOZ) , it may make sense. If you’re facing capital gains taxes, Investing in a QOZ Fund allows you to defer your taxable gains in an unprecedented manner. Listen to this podcast as attorney Mark Roderick from Flaster Greenberg explains the many intricacies of this IRS sanctioned program and learn some tips and tricks on how to make this program work for you. They don’t call this “opportunity” for nothing!

You unlock this opportunity with the recognition of gain. Beyond is an opportunity … an opportunity of deferral, an opportunity of reduced recognition of gain, an opportunity of permanent exclusion of gains related to the appreciation on a Qualified Opportunity Fund (QOF) investment after a 10-year holding period. You're moving into a land of both clarity and remaining uncertainty, of guidance received and guidance yet to come. You've just crossed over into the Opportunity Zone with returning guest Derek Smith! TIMESTAMPS OF QUESTIONS COVERED [01:18] What's an eligible gain? [04:32] Can partnerships and S corporations be investors in QOFs? [05:23] What if the partnership or S corp chooses not to invest in a QOF? [07:08] Did we get guidance on working capital? [09:00] Does the guidance give us what we've been waiting for on QOFs? [9:57] What's “substantial improvement”? [13:58] How is trade or business defined for this purpose? [16:09] Do we know what “used primarily within the QOZ” means yet? [18:24] Do we have to worry about the passive activity loss limitation rules? [19:07] What options do partners and S corp shareholders have if there was a midyear gain recognition event? [21:26] Should you have QOZ FOMO? [23:18] What happens if the designation expires during the holding period? [26:07] What are Derek's key takeaways from the first round of proposed regulations? BIO FOR GUEST Derek is a member of BKD National Construction & Real Estate Group. With technical expertise in partnerships, Derek is a firmwide resource on partnership-related issues and works with individuals and closely held businesses to help develop and implement business structures and tax savings strategies. Connect with Derek on LinkedIn  Follow Derek on Twitter ADDITIONAL RESOURCES Article: Opportunity Zone Guidance Issued by IRS Webinar: Critical New Insights on Proposed Opportunity Zone Regulations Podcast: Episode 41: What's a Qualified Opportunity Zone? GET MORE “SIMPLY TAX” A complete archive of our episodes is available on our website and YouTube playlist. We'd love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram

You unlock this opportunity with the recognition of gain. Beyond is an opportunity … an opportunity of deferral, an opportunity of reduced recognition of gain, an opportunity of permanent exclusion of gains related to the appreciation on a Qualified Opportunity Fund (QOF) investment after a 10-year holding period. You’re moving into a land of both clarity and remaining uncertainty, of guidance received and guidance yet to come. You’ve just crossed over into the Opportunity Zone with returning guest Derek Smith! TIMESTAMPS OF QUESTIONS COVERED [01:18] What’s an eligible gain? [04:32] Can partnerships and S corporations be investors in QOFs? [05:23] What if the partnership or S corp chooses not to invest in a QOF? [07:08] Did we get guidance on working capital? [09:00] Does the guidance give us what we’ve been waiting for on QOFs? [9:57] What’s “substantial improvement”? [13:58] How is trade or business defined for this purpose? [16:09] Do we know what “used primarily within the QOZ” means yet? [18:24] Do we have to worry about the passive activity loss limitation rules? [19:07] What options do partners and S corp shareholders have if there was a midyear gain recognition event? [21:26] Should you have QOZ FOMO? [23:18] What happens if the designation expires during the holding period? [26:07] What are Derek’s key takeaways from the first round of proposed regulations? BIO FOR GUEST Derek is a member of BKD National Construction & Real Estate Group. With technical expertise in partnerships, Derek is a firmwide resource on partnership-related issues and works with individuals and closely held businesses to help develop and implement business structures and tax savings strategies. Connect with Derek on LinkedIn  Follow Derek on Twitter ADDITIONAL RESOURCES Article: Opportunity Zone Guidance Issued by IRS Webinar: Critical New Insights on Proposed Opportunity Zone Regulations Podcast: Episode 41: What's a Qualified Opportunity Zone? GET MORE “SIMPLY TAX” A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram

EON speak to Michael Aked from Research Affiliates about Fundamental Indexing. Fundamental Indexing is an alternative to Market Cap weighted indexing using sales, dividends, growth and book value to weight the stocks in the index.  Research Affiliates introduced Fundamental Indexing as a result of the Tech Bubble in the early 2000’s.  They could not understand how companies with no revenue or profitability could be held by an index purely because of the market value.  They took this information and developed a Fundamental Index that, according to Research Affiliates, has outperformed the S&P 500 over the period.  The genius in the methodology is the inputs are measured over 5 years, reducing turnover and therefore costs. The Fundamental Indexing approach used by Research Affiliates can be adopted across all markets and has produced strong returns in Australia.  The last 12 months have benefited from larger positions in resource stocks, contributing to a return of 19% for the index, ASX code QOZ. This is a great episode for all trustees looking to invest in Australian & US markets. Compound your wisdom!