Topic: USA: "Investing In Opportunity Act" provides tax advantage for capital gains (Read 125 times)
July 25, 2018, 10:46:21 PM
I don't know why, but a preponderance of threads have the second post reserved by the thread starter. Maybe some day it will be evident to me why this is done. In the meantime...
July 25, 2018, 10:45:16 PM
Branched from the WO thread:
All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:
https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/
This thread is meant for the discussion of this program, and the tax advantages thereof. Think of it as a self-selected 'study group' where we all help each other to understand:
- whether this is a program we each can take advantage of;
- tools for evaluating the scope and amount of benefit; and
- the details of engaging such program.
This is a self-moderated thread. I intend to moderate only posts that are clearly off-topic or abusive. In an ideal world, this would be zero deletions. Let's see how it goes.
Edit: Nevermind - there is already active discussion underway at : https://bitcointalksearch.org/topic/discussion-of-opportunity-zones-with-no-capital-gains-taxes-in-the-us-4740118
All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:
https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/
This thread is meant for the discussion of this program, and the tax advantages thereof. Think of it as a self-selected 'study group' where we all help each other to understand:
- whether this is a program we each can take advantage of;
- tools for evaluating the scope and amount of benefit; and
- the details of engaging such program.
This is a self-moderated thread. I intend to moderate only posts that are clearly off-topic or abusive. In an ideal world, this would be zero deletions. Let's see how it goes.
Edit: Nevermind - there is already active discussion underway at : https://bitcointalksearch.org/topic/discussion-of-opportunity-zones-with-no-capital-gains-taxes-in-the-us-4740118
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