- A75620DF51EBEABB656E21C323A4B669
New YorkNew YorkNew York 40 Wall Street, New York City, USA +1 212 660 2285 Mon - Fri 10:00-18:00 +34-354-5468-8
ceo@ctvz.fund
New YorkNew YorkNew York 40 Wall Street, New York City, USA +1 212 660 2285 Mon - Fri 10:00-18:00 +34-354-5468-8
ceo@ctvz.fund
AMERICA'S PREMIER OPPORTUNITY ZONE FUND
An exiting new investment opportunity
PUBLICLY TRADED
Symbol: CTVZ OTC:PINK
PROFESSIONALLY MANAGED
By State-Registered Investment Adsvisors
HOW TO INVEST

FAQs

Frequently Asked Questions

Listed below are most frequently asked question from both investors and those looking to raise money

To encourage development and new construction in LICs, Congress authorized the creation of Qualified Opportunity Funds. The appeal of investing into a Qualified Opportunity Fund (QOF) is that investors reallocating gains from other investments into such funds may qualify for a number of substantial tax breaks (described further below).

The name “Qualified Opportunity Fund” may conjure up thoughts of mutual funds, exchange-traded funds, and other registered investments, but the reality is that QOFs are substantially easier to create and maintain than such investments. A QOF is simply a corporation or partnership for federal tax purposes, which is created for the purpose of investing in qualified opportunity zone property and holds at least 90% of its assets in “qualified opportunity zone property.” Such property consists of the following:

QOZ stock – QOZ stock must be acquired at its original issue from the corporation solely for cash, and substantially all of the business’s tangible assets (owned and leased) must be QOZ property.
QOZ partnership interest – Such interests must be acquired at its original issue from the partnership solely for cash, and substantially all of the business’s tangible assets (owned and leased) must be QOZ property.
QOZ business property – Tangible property acquired after December 31, 2017, which is first used within the QOZ after acquisition by the QOF, or which is substantially improved by the QOF after acquisition. To “substantially improve” property, a QOF must increase the basis of the acquired property by an amount that exceeds the initial basis (effectively more than doubling its basis) within the 30-month window following acquisition.

Or stated more simply, a Qualified Opportunity Fund is simply a business entity that invests in tangible property (most likely real estate and similar development projects) within a Qualified Opportunity Zone, in which investors can participate by putting their own investment assets into the QOF to be invested accordingly.


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Opportunity Zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017.


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Opportunity Zones are designed to spur economic development by providing tax benefits to investors. First, investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged, or December 31, 2026. If the QOF investment is held for longer than 5 years, there is a 10% exclusion of the deferred gain. If held for more than 7 years, the 10% becomes 15%. Second, if the investor holds the investment in the Opportunity Fund for at least ten years, the investor is eligible for an increase in basis of the QOF investment equal to its fair market value on the date that the QOF investment is sold or exchanged.


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OZ Funds will self-certify their compliance with the OZ Funds requirements through filings with the IRS. However, you should do “due diligence” on the OZ Funds and its sponsors and management prior to investing to satisfy yourself that this investment is appropriate for you and likely to qualify. You may also want to look for an OZ Fund that uses an independent third-party fund administrator which has the specialty software and subject matter expertise to handle the tracking and compliance requirements for a complex tax-motivated investment like an OZ Fund. and ideally works with a regulated financial investment professional with regard to portfolio management.


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No, they are new. The first set of Opportunity Zones, covering parts of 18 states, were designated on April 9, 2018. Opportunity Zones have now been designated covering parts of all 50 states, the District of Columbia and five U.S. territories.


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It means a trade or business in which substantially all of the tangible property owned or leased by the taxpayer is qualified opportunity zone business property, defined as follows:

The business acquired the property by purchase from unrelated persons after December 31, 2017.
The original use of the property commences with the business, or the business substantially improves the property.
During substantially all of the business’s holding period for such property, substantially all of the use of that property was in the Opportunity Zone.
At least 50% of the taxpayer’s total gross income is derived from the active conduct of such business.
A substantial portion of the intangible property of the taxpayer is used in the active conduct of such business.
Less than 5% of the average of the aggregate unadjusted bases of the taxpayer’s property is attributable to nonqualified financial property.


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To qualify, the OZ Fund must satisfy all of the following requirements:

Acquire its equity interest in the OZ Subsidiary solely for cash after December 31, 2017, and in the case of an OZ Subsidiary that is a corporation, the acquisition must be at its original issue.
At such time as the equity interest in the OZ Subsidiary was acquired, the OZ subsidiary was a qualified opportunity zone business, or if the OZ Subsidiary was newly formed, it was organized for the purpose of becoming a qualified opportunity zone business property.
During substantially all of the OZ Fund’s holding period, the OZ Subsidiary must be a qualified opportunity zone business.


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If you are in an Opportunity Zone area and are interested in applying for funding through CTVZ fund, please click here


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Check out our OZ Regulations Page for the latest information on Opportunity Zones Regulations.


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In order to qualify for the tax benefits, the investment must be made by acquiring an interest in an OZ Fund. A taxpayer may not invest directly in an Opportunity Zone property or business. An OZ Fund may, however, invest in multiple Opportunity Zones.


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Deadline for 2019 Opportunity Fund Contributions
A courtesy reminder that under existing IRS regulations, the deadline for reinvesting capital gains in an Opportunity Fund to qualify for capital gains tax deferral, possible reduction and other potential tax benefits is 180 days from the date of the sale or exchange.Call one of our registered Investment Advisors for a free consultation.today!
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