Opportunity zone tax credit

Amazon
tjpb67

Go to company page Amazon

tjpb67
Mar 17, 2019 11 Comments

Worth it?

11

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 TOP 11 Comments
  • Rubrik
    PartyStick

    Go to company page Rubrik

    PartyStick
    ELI5?
    Mar 17, 2019 5
  • Microsoft / Sales
    rainsucks

    Go to company page Microsoft Sales

     rainsucks
    OZ are BS! You need to invest in asset for 10 years, it could be a total bust or gold mine! You are paying someone asset management fees while getting screwed!
    Apr 10, 2019 1
    • New / Mktg
      hrWD33

      New Mktg

      PRE
      Oracle
       hrWD33
      Not really. You are taking cap gains made elsewhere and investing into a property in an opportunity zone. The property could be cashflow positive. There is a step up in basis in terms of cap gains owed at the end of the period +10yrs). This could be substantial if the cap gains you originally invested we're significant.. off course things could drastically sour in 10 yrs.
      Apr 16, 2019
  • Microsoft / Sales
    rainsucks

    Go to company page Microsoft Sales

     rainsucks
    Majority of OZ investments are in secondary and tertiary markets. Most real asset managers will make an asset management fee if you invest through a fund, at the end of the 10 years, you have a short window to sell the asset! If we are in a recession, you are screwed! The developer / asset manager made a boat load of feeds, if the deal is bust then you are double screwed on taxes. 10 year CRE investment will bring down IRR returns. Don’t get fooled by some asset managers investing in secondary or weird markets.
    Apr 16, 2019 0
  • Amazon
    Aidwn

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    Aidwn
    Same question. where is it in Seattle? Is it worth it? Anyone take advantage of.it?
    Mar 17, 2019 0
  • Nvidia
    zVEC05

    Go to company page Nvidia

    zVEC05
    Yes!
    Mar 17, 2019 0