Have Capital Gains to Invest? If You Hold for 10 years, O-Zone Funds Offer Zero Taxes
September 24, 2018
The Philadelphia Inquirer spoke to Wendi Kotzen—a partner at Ballard Spahr who focuses on real estate tax issues—for an article about Qualified Opportunity Zones and the Tax Cuts and Jobs Act of 2017.
"A lot of folks want to put funds together to invest. You raise money through an LLC or partnership," said Ms. Kotzen. "You can set it up for yourself, as long as it has to have at least two real investors. There's no reason this has to be restricted to hedge funds or private equity.”
Read the full article here. (Subscription may be required.)
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