Forbes Real Estate Council: Your 180-Day Clock Isn't What You Think It Is

Posted by The Realized Team on Apr 29, 2020

Forbes-On-Phone-AS-286665212

Our Chief Executive Officer, David Wieland, published a piece on his Forbes Real Estate Council column, entitled "Qualified Opportunity Zones: Your 180-Day Clock Isn't What You Think It Is." 

"One hundred eighty days may seem straightforward, but it's important for investors to know that it might not be if your gains are from the sale of Section 1231 property," David cautions. "Regarding gains and tax treatment, part or all of a 1231 gain may require depreciation recapture. The recapture is taxed at 25%. Any remaining gain is taxed as long-term capital gains. These properties are subject to the net investment income tax (NIIT)."

In this article, David discusses Section 1231 properties and how the QOZ program treats them, along with warning investors of the potential issues around reinvesting Section 1231 gains. Read the rest of the article on Forbes.

Another Way To Own Investment Properties

Download our guide to real estate investing Seek an Upgraded Real Estate Portfolio
Download eBook

 


Download our guide to real estate investing

Another Way To Own Investment Properties

Learn new ways to use real estate to pursue your wealth goals.

By providing your email and phone number, you are opting to receive communications from Realized. If you receive a text message and choose to stop receiving further messages, reply STOP to immediately unsubscribe. Msg & Data rates may apply. To manage receiving emails from Realized visit the Manage Preferences link in any email received.