The Realized Team’s Picks
Joint Tenancy, Tenants-In-Common, And What's Right For You
Let’s say that there is a well-performing retail property in your neighborhood that is for sale. You’re interested in buying it, but you might not have all the funds available to do so. You decide to involve your two best friends in the deal, and the three of you enthusiastically head off to meet your lawyer. The lawyer, in turn, asks the question: “So, how do you want this ownership to be set up?”
Opportunity Zone Guidance And 1231 Assets
In December 2017, the Opportunity Zones incentive program was introduced as part of the Tax Cuts and Jobs Act. Two years later, the U.S. Department of the Treasury and IRS introduced their third — and final — list of rules focused on owning, developing, and operating within federally designated Qualified Opportunity Zones (QOZs). The goal of December 2019 guidance was to combine the first two tranches -- issued in October 2018 and May 2019.
How To Get Started Investing In Real Estate
Real estate is considered an attractive asset class for those seeking steady cash flows and the opportunity to realize profits via asset appreciation over time. What’s more, investors often enjoy being able to see, touch, and feel their investment property, whether it be a duplex in San Francisco or a retail plaza in Charlotte. Its tangible nature and positive opportunities only heighten its appeal to the masses.
Qualified Opportunity Zone Funds: Short And Long Term Capital Gains
If you are familiar with short and long-term capital gains, you already know that long-term gains are taxed at a lower rate for most people. The IRS rewards you for holding an investment longer. For Qualified Opportunity Zone Fund (QOZF) investors, they are also rewarded for long-term holdings. But how does that affect short and long-term capital gains? In this article, we’ll dive into all aspects of how taxes affect your QOZF gains.
What Type Of Businesses Can Operate In Opportunity Zones?
Operating a business within an opportunity zone means participating in improving the economic prosperity of a specific area. There are a few requirements that must be met before any business can qualify as an opportunity zone business. In this article, we’ll look at what those qualifications are and the types of businesses that can operate in them.
Tax Season Is Coming: Understanding Capital Gains Reporting
With the holidays and celebrations in the rear-view mirror, your attention should turn to the next big event. Not Valentine’s Day or St. Patrick’s Day, but April 15, the tax-filing date. Even as you gather paperwork and finalize profits, losses, and expenses from 2019, it’s important to pay extra attention to your asset sales. In most cases, you’ll be required to report capital gains from those sales to the IRS through three forms: 8948, 1099-B, and Schedule D.
Events That Trigger The Deferred Gain
Deferring capital gains is a topic that will always turn heads and ignite discussions. To be clear, it’s not a simple process, but it is attainable. Once you have trodden down the 1031 pathway — checking off every painstaking step to execute the exchange — how can you be certain you can hang onto those gains? No road we travel is without pitfalls. And it’s the wise traveler — or investor, in this case — who recognizes that they cannot afford any missteps.
Types Of Funds: Identified Vs. Semi-Blind
Qualified Opportunity Zone Funds (QOZFs) come in two main fundamental structures — pre-identified investments or semi-blind pools. In this article, we’ll look at both in detail and explore the advantages and disadvantages of each.
The Effects Of Taxes When Selling Investment Property
The sale of investment property is taxed differently than the sale of your primary residence. A primary residence allows you to exclude $250,000 of gains when filing single and $500,000 when married filing jointly. Investment property tax calculations aren’t so simple. In this article, we’ll break down the various investment property capital gains tax calculations and provide a few tax-saving tips.
The Key Dates Around Opportunity Zones
Knowing important Opportunity Zone (OZ) dates are a critical component of getting the most out of any OZ investment. To help you keep up with the myriad list of OZ dates, we’ve put together a list of what to keep an eye on, along with information about how recent regulations have affected the OZ environment.
