Don’t Forget About the 180-Day Rule
by Erik Hayden, on Apr 29, 2021 2:58:44 PM
When it comes to Opportunity Zone investing, it’s important to remember that there’s a 180-day window of opportunity.
Here’s what that means: investors have exactly 180 days from the date of their capital gains event to invest those gains into an Opportunity Zone Fund to qualify for the potential tax benefits associated with the program per the IRS.
As a reminder, there are three main types of capital gains events that are eligible to invest into an OZ Fund:
- The sale of stock
- The sale of a real estate
- The sale of an interest in a partnership/business
This 180-day deadline is especially important if you’ve had short term gains from investing in Bitcoin or cryptocurrency, for example, which you can invest into an OZ Fund like ours.
Ready to start investing Silicon Valley real estate while sheltering your taxes? Let’s talk!
Contact us today.
The statements, views, and opinions expressed herein are those of the individuals making the statements and do not necessarily reflect the official policy or position of Urban Catalyst Manager LLC or any investment sponsored by Urban Catalyst LLC and are provided for informational purposes only and are not intended to be, nor should be construed or used as financial, legal, tax or investment advice, nor should this information be used or considered as an offer to sell or a solicitation of any offer to buy any interest in Urban Catalyst Opportunity Fund I LLC (the “Fund”), an investment sponsored by Urban Catalyst LLC (the “Sponsor”).
THIS MATERIAL IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY SECURITIES. THE OFFERING AND SALE OF INTERESTS IN URBAN CATALYST OPPORTUNITY FUND I LLC (“URBAN”) IS BEING MADE ONLY BY DELIVERY OF URBAN’S PRIVATE PLACEMENT MEMORANDUM (“PPM”), CERTAIN ORGANIZATIONAL DOCUMENTS, SUBSCRIPTION AGREEMENT AND CERTAIN OTHER INFORMATION TO BE MADE AVAILABLE TO INVESTORS (“OPERATIVE DOCUMENTS”) BY URBAN’S SPONSOR. ONLY ACCREDITED INVESTORS CAN INVEST. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. INVESTMENTS IN SECURITIES ARE SPECULATIVE, INVOLVE A HIGH DEGREE OF RISK, AND ARE NOT SUITABLE FOR ALL INVESTORS. PROSPECTIVE INVESTORS SHOULD CONSULT THEIR OWN TAX AND LEGAL PROFESSIONALS PRIOR TO MAKING INVESTMENT DECISIONS.