I know a co in opportunity zone. They are selling as soon as built to be stabilized by OZ buyer. I was upset it wasn’t OZ for me. I am a bit concerned if Capital gain taxes go up to 44% by 2026-27 when taxes are due. All those who put off paying taxes till then will be paying more.
So.... you have to have Cap Gains to get the preferred tax treatment ( No cap gains after 10 years). I wonder if you can use Cap Gains to start the fund and then pay the cap gains ( if budget allows) before 2026 2027.
I know a co in opportunity zone. They are selling as soon as built to be stabilized by OZ buyer. I was upset it wasn’t OZ for me.
I am a bit concerned if Capital gain taxes go up to 44% by 2026-27 when taxes are due. All those who put off paying taxes till then will be paying more.
So.... you have to have Cap Gains to get the preferred tax treatment ( No cap gains after 10 years). I wonder if you can use Cap Gains to start the fund and then pay the cap gains ( if budget allows) before 2026 2027.