Proposed Legislation Will Extend and Improve Opportunity Zone Investing Strategy
As the nation begins to see the fruits of the Qualified Opportunity Zone initiative, introduced initially in the Tax Cuts and Job Act of 2017, some of the 8,800 impoverished census tracts from coast to coast have begun to benefit from the initiative’s intent: to...
Salad and Silicon: a Chance to Coexist
The approval of a plan by California’s Redistricting Commission, which includes splitting Jimmy Panetta’s 20th Congressional District into two congressional, assembly, and state senate entities, failed communities across California with its inherent refusal to...
12/31 Deadline Looming for QOZ Investors: Last chance for Full 10% Reduction in Federal Taxable Portion of Deferred Capital Gains
The window to take advantage of one of three main tax incentives nestled within a unique investment strategy is coming to a close this month amid a flurry of last-minute activity. Investors have until year’s end for a full 10% reduction in the federal taxable portion...
Disappearing Dollars and Why December 31, 2021 is a Date You Need to Know
Dr. Jim White, PHT Investment Group. There appears to be a turning of the tide on the horizon. Runaway inflation is now a primary concern for investors, along with a host of other financial threats. An increase to the capital gains tax rate from a top rate of 23.8% to...
The Social Impact of Opportunity Zone Investments
On Thursday, April 29th, Dr. Jim White was the featured guest at the Salinas, CA Chamber of Commerce Event and gave a presentation on ‘The Social Impact of Opportunity Investments’.As an industry expert on Qualified Opportunity Funds and author of Opportunity...
QOZ Updates & New York’s Move to Decouple from QOZ Tax Benefits
On Wednesday, April 21, 2021, Jim Tankersley published this New York Times article, "Biden Administration Debating How to Overhaul a Trump-Era Tax Break." Administration officials interviewed for the story specifically noted their interest in efforts to increase...