Investments within an Opportunity Zone allow investors to potentially both defer and reduce their existing capital gains tax and eliminate future capital gains tax on returns earned from the Opportunity Zone investment. The program was created to incentivize investments in communities designated by state governments for economic development. Investors can potentially defer taxes on capital gains until December 31, 2026, reduce amount of taxes owed by up to 15%, and eliminate taxes on capital gains tax from the Opportunity if held for 10 years or longer.
The Opportunity Zone designation allows Bonaventure to pair our existing expertise and market knowledge with an investment vehicle that offers unprecedented potential federal capital gains tax incentives to long-term investors seeking to invest in real estate.
Bonaventure currently has a pipeline of multifamily and senior living opportunities spanning the East Coast and is actively seeking accredited investors with capital gains to co-invest in planned projects.
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