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Event

Multiply Your Returns with Opportunity Zone Funds

Hosted by Engineered TaxServices, Inc.
May 20, 2020
13:30 PM - 14:30 PM
Panel
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Tax efficient investing via Opportunity Zones has never been as attractive as today. The panel will look at how Opportunity Zones have matured and what investors should consider given the recent guidance and final regulations from the IRS. Our experts in tax efficient investing, accounting and fund management will also discuss what Family Offices need to consider when allocating capital to the various Opportunity Zone Funds.

Having a big idea in today's exceptional times, needs to be coupled with exceptional operating partners. Tax efficient investing needs to be aligned with proper planning, so join us to listen to our experts speak about different real estate investment opportunities to supplement this tax efficient structure.

  • How has the Opportunity Zone marketplace matured over the last year as the IRS has issued additional guidance and final regulations?
  • Investor considerations — in particular family offices and high-net worth individuals
  • What are the most important changes in Opportunity Zones for investors to consider?
  • How much capital is there on the sidelines?
  • What should investors consider when thinking about which long-term capital gains to consider harvesting via Opportunity Zone Funds?
  • What are intended and unintended consequences of Opportunity Zones? Give some real world examples of success & failure.

Recording

Multiply your Returns with Opportunity Zone Funds

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Speakers

Michael D’Onofrio
Managing Director @ Engineered TaxServices, Inc.
Lane Lowry
Fund Manager @ Acqua QOZ Portland
Eric Berman
Chief Investment Officer @ Lifeafar Capital
Jason Cross
Vice President & Investor Relations @ Redbrick LMD
Russ Ginise
President @ Alliant Strategic Investments

About

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Lifeafar Capital is a boutique private equity and asset management firm focused on the acquisition and development of unique and bespoke luxury hospitality concepts for both multi-family and mixed-use real estate. We give individual accredited investors, family offices, and private funds the opportunity to partake in the ownership of real estate projects with a stable value proposition and a high potential for appreciation that have traditionally been reserved for large institutions.

Our principals and professionals are located in Miami, San Juan, Puerto Rico, and Medellín, Colombia. We collectively draw on an extensive and versatile foundation of experience in corporate finance, mergers and acquisitions, corporate law, investment advisory, and real estate development and operations to unlock value for our investors in opportunistic, value-add, or distressed asset deals.


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Engineered TaxServices, Inc. (ETS) is a licensed engineering firm that focuses on federal, state, and local tax benefits. Engineered Tax Services was founded by CEO, Julio Gonzalez, to bring specialty tax engineering services to mainstream America. There are several federal tax incentives in which the IRS requires professional engineers and scientists to determine the tax benefits in the areas of real estate and manufacturing. Specific to real estate is the ability to depreciate real estate investments by components vs. the traditional expensing of real estate over a 39 or 27.5-year period. A forensic engineering study of a real estate property, in which the building is depreciated component by component, allows investors to expense up to 50% (and in some cases, more because of 100% bonus depreciation) of the purchase of their building up front.Decades ago, cost segregation was only available to real estate investors who worked with the Big 4 accounting firms who had dedicated engineering staffs. Mr. Gonzalez’s goal was to be a resource to the CPA community so that these services could be available to all real estate investors, big or small. Cost segregation continues to be one of the largest tax incentives for wealth preservation. There are very few investments that the United States Federal government allows investors to expense dollar for dollar. Real estate is the one investment from which you can deduct 100% of the purchase price against taxable income. Inherently, this allows for a 50% return on investment at a 50% federal and state tax bracket. Cost segregation allows the investor the ability to mitigate tax liabilities and preserve wealth by accelerating these deductions much quicker. Engineered Tax Services also uses its engineering, scientific and tax team to provide one of the most important federal and state tax credits available to United States businesses in the form of research and development tax credits (R&D). R&D Tax Credits are meant to incentivize manufacturing, innovation and technical design in the United States. These credits are essential to keep labor and promote job creation in the United States. Qualifying activities include developing new or improved products or manufacturing processes, tool and die development, technical design in the construction industry, software development, fracking and drilling technique development, and developing new or improved drugs or formulas, just to name a few. The R&D Tax Credit is a very important federal incentive meant to ensure that US companies remain competitive globally.

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QOZ Portland can provide Investors up to 101% Tax Savings in the First Year by Investing in Multifamily Real Estate in an Opportunity Zone Fund and pay No Tax When You Sell. Our combination of Tax Strategies allows investors to Grow Investments Tax Free for up to 27.5 Years.

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Redbrick LMD is a diversified real estate investment, management and development firm. It specializes in opportunistic and value-added residential and mixed-use projects with a focus on the Washington D.C. metro market and selectively invests in other markets. Redbrick LMD’s leadership team has significant experience in the acquisition and repositioning of existing projects, the entitlement and ground-up development of new projects, and the financial and legal structuring of transactions to maximize returns while mitigating risks for investors. The team has developed, redeveloped and managed over 5,000 multifamily units nationally. In addition, they have developed a substantial portfolio of mixed-use assets. Since 2000, the principals have closed on more than $2 billion in real estate transactions. Redbrick LMD has a current development pipeline of approximately four million square feet, the largest privately held opportunity zone landholdings on metro in DC.

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Alliant Strategic Investments is led by a highly respected team of socially conscious, industry experts with an average of 25 years of real estate experience in financing, managing, and operating over 100,000 affording housing units throughout the United States.