Interested in diversifying your portfolio while potentially making impactful changes to underserved communities?
Let's talk about Qualified Opportunity Zone real estate investing.
Qualified Opportunity Zones, also known as QOZs, are areas designated by the U.S. government to encourage investments in neighborhoods that would most benefit from new housing, businesses, and jobs.
Thousands of Qualified Opportunity Zones have been identified across all states and U.S. territories.
QOZs provide a tax-advantaged strategy to manage capital gains that have been earned through the sale of stock, real estate, businesses, or other investments.
Here's how it works:
Eligible gains are invested in a QOZ investment vehicle within 180 days of when the capital gain was realized.
By doing so, investor benefits include:
Deferring tax liabilities on the original capital gain;
Shielding taxable income during the life of the investment; and
Eliminating tax liabilities on potential capital gains from the new QOZ investment when held for 10 years.
QOZ investments provide diversification and potential tax advantages, while helping build stronger, thriving communities.
Clarion Partners combines over 40 years of market knowledge, development experience, and institutional-quality focus with expertise in industrial and housing investments.
These sectors can most benefit communities located in Opportunity Zones.
Talk to your financial advisor today about the benefits of adding Opportunity Zone real estate to your investment portfolios.