David S. Cohen, left, and Liam T. Krahe, right, of the Cohen Property Law Group an co-founders of SF QOZ Fund I. Courtesy photos Year-End Tax Planning: How Real Estate Investors Can Leverage Qualified Opportunity Funds
The QOF program incentivizes private investment in economically distressed communities across the United States, providing investors with the opportunity to defer and reduce capital gains taxes by directing their funds into designated opportunity zones.
October 28, 2024 at 09:25 AM
5 minute read
Board of Contributors
As the year winds down, savvy real estate investors are searching for ways to minimize their tax liability. One powerful strategy to consider is the qualified opportunity fund (QOF), offering significant tax advantages while promoting long-term growth.
The QOF program incentivizes private investment in economically distressed communities across the United States, providing investors with the opportunity to defer and reduce capital gains taxes by directing their funds into designated opportunity zones. This program not only offers tax benefits but also supports transformative projects in underserved areas, making it a smart choice for investors seeking both financial and social returns.
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