Have you ever heard of Opportunity Zone Funds? Curious to learn more about this and how it can affect your investments? Join us in today’s episode as Cody, together with Brian and John, talks about more of this.
For today’s episode we will cover:
[01:02-02:59] Opening Segment
- Cody introduces his fellow hosts for today’s episode
- Diving into more opportunities that will resonate well with business owners
[3:01-8:35] Opportunities owned Funds
- What led John into his interest in opportunity zone funds
- What is your tax strategy?
- What are opportunity zones and short term capital gains?
[8:36-10:07] Getting into real estate for the purpose of tax deferral strategy
- Investing in something because you believe in it’s fundamentals and narratives and not because of tax deferral
- Nuances of opportunity zones
[10:16-24:06]Opportunity Zones
- Background of the start of the opportunity zone
- Opportunity zones areas
- Understand first the opportunity zones before implementing it
- Cody gave an example for an opportunity zone
- Support in local municipality
- 2 tax bit
[24:51-29:16]Funds that aggregate opportunities
- Create your own personal fund
- [28:17-30:56] How to identify different opportunities
- The hardest part will be finding the opportunities and sponsors
[31:58-41:20] Expectations when investing in a 10 year commitment
- IRR boost in tax benefits
- Asset does not matter but location does
- What happens to the fund if the project falls through?
[41:21- 49:04]Starting your own fund
- Easy way to start your own fund
- Identify the right person as your consultant
- Know enough to ask your questions
[49:09-52:47] Recap
- Overview, Benefit and things to watch out for.
- Additional resources from John to learn more about the Opportunity Zone funds
Tweetable Quotes
“Just because it is easy to do doesn't mean you want to do it”
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