Unlocking the Potential of Opportunity Zones: A Comprehensive Guide

In a recent episode of "The Thoughtful Entrepreneur," host Josh delves into the intricacies of opportunity zones with Ashley Tison, the founder and president of OZPros. This episode is a treasure trove of insights for investors looking to capitalize on tax mitigation strategies while contributing to the revitalization of underserved communities. Let's break down the key takeaways from this enlightening conversation and explore how you can leverage opportunity zones to maximize your investment returns. Opportunity zones were introduced as part of the Tax Cuts and Jobs Act of 2017, aiming to stimulate economic growth in economically distressed areas by incentivizing investors to direct their capital gains into these regions. The mechanics are straightforward: investors can defer their tax liabilities by reinvesting capital gains into a qualified opportunity fund (QOF), which is typically an LLC taxed as a partnership. If the investment is held for at least ten years, any appreciation in value can be withdrawn tax-free. Since the inception of opportunity zones, approximately $150 billion has flowed into these regions, resulting in increased property values, new businesses, and job creation. Ashley outlines the types of individuals who would benefit most from opportunity zone investments, including those with capital gains, entrepreneurs looking to start or relocate a business, and families investing in properties near campuses. OZPros offers various services to assist clients, such as setting up QOFs, ensuring compliance, and offering strategic consultations with a flat fee structure. As the conversation wraps up, Ashley encourages listeners to explore the opportunity zones in their areas by visiting the OZPros website, emphasizing the dual benefit of building wealth while revitalizing communities.  

About Ashley Tison:

Ashley Tison, Esq. is the founder of OZPros, the leading Opportunity Zone consultancy. A leading consultant and attorney on Opportunity Zones, tax advantaged structures and investing strategies, Ashley has advised over 500 commercial property investors, family offices, investment advisors and high net worth individuals on how to how to best maximize their tax savings in real estate investments, how to maximize the positive community impact of their projects, selecting an optimal investment strategy, and properly navigating the applicable regulations. Ashley is an engaging and enthusiastic speaker and / or guest covering topics such as opportunity zones, tax advantaged alternative investments, real estate, and tax planning for leading national conferences and educational seminars.  

About OZPros:

At OZPros, the team assists high net worth investors, real estate professionals, business owners, and community stakeholders in navigating the complexities of legislation and regulations, enabling them to successfully execute their Opportunity Zone strategies. Apply to be a Guest on The Thoughtful Entrepreneur: https://go.upmyinfluence.com/podcast-guest    

Links Mentioned in this Episode:

Want to learn more? Check out OZPros website at https://ozpros.com/ Check out OZPros on LinkedIn at https://www.linkedin.com/company/ozproscom Check out Ashley Tison on LinkedIn at https://www.linkedin.com/in/ashley-tison Don’t forget to subscribe to The Thoughtful Entrepreneur and thank you for listening. Tune in next time!  

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