"ELIMINATE ALL TAXES ON GAINS OF QUALIFIED GAINS"
Why Should You Believe That Statement?
The Tax Cuts and Jobs Act of 2017 established an Opportunity Zone tax incentive. Investors can eliminate all taxes on gains of “eligible gains” on two conditions 1.) the initial investment comes from eligible gains 2.) They hold the investment for at least ten years in the qualified opportunity zone fund.
Your benefit of ZERO TAXES ON GAINS OF ELIGIBLE GAINS, is achieved when you comply with the above conditions.
The IRS Explains what is an “Eligible Gain” .
The IRS answers Frequently asks questions about Opportunity Zone Funds
What the IRS says about a Qualified Opportunity Zone Fund
When were Qualified Opportunity Zone Funds Created?
What Types Og Gains are Eligible for Deferral if you invest in a Qualified Opportunity Zone?
THE DIFFERENCE BETWEEN OUR FUND AND OTHER FUND.
Ninety percent of Opportunity Zones Funds we investigated generate revenue exclusively from the the populations surrounding and within the opportunity zone itself. The asset class is primarily Real Estate.
Contrast Untaxable.Fund is a Opportunity Zone Fund Mr. Songwriters Publishing company revenue sources come from over 220 Countries and brings it back to our qualified opportunity zone that eliminates taxes on all qualified gains, which is also located in a state with no Corporate Income Tax.