New tax benefits allows investors to delay paying taxes on profits from the sale of stocks, businesses, or real estate. To qualify, untaxed gains are invested into federally certified regions known as Opportunity Zones.
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Downtown Redmond’s historic hotel features a rooftop bar
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After years of planning and millions of dollars in private and public money, what was once the New Redmond Hotel is reopening under a new name.
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On Wednesday, July 10, 2019, the International Executive Council (IEC) teamed up with the Pacific Club for a collaborative and educational panel discussion on Opportunity Zones.
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Hot on the heels of the issuance of the latest round of regulatory guidance, RevOZ Capital hosted Counselor to the Treasury Secretary Dan Kowalski for an inspiring conversation about Opportunity Zones on Friday April 26th in Newport Beach.
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Friday, April 26th, a little over a week after the second round of Opportunity Zone proposed regulations were released, RevOZ Capital was again on the forefront of understanding the proposed law.
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Important Take Highlights from Recently Released Regulations.
On Wednesday, April 17th, the second round of proposed regulations for the Opportunity Zone program was released
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Opportunity zones—economically challenged areas that stand to benefit from investment tax incentives created through President Trump’s 2017 tax reform bill—are this year’s hot topic in commercial real estate circles.
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The property is a historic hotel centrally located in the up and coming city of Redmond, which has been deemed as one of the fastest growing cities in the United States.
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Team RevOZ has been in direct communication with members of US Treasury heading this program, and we’ve been told the much anticipated second set of Opportunity Zone regulations are to be released no later than Friday, April 12.
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Developer tapped into federal opportunity zone designation
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California's housing crisis is due in large part to a lack of supply, particularly when it comes to affordable housing, and it is hitting low-income individuals the hardest.
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