- 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

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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For many years savvy real estate investors have used the 1031 Exchange for its tax efficient benefits. However, Opportunity Zones are strategically designed to reward long term investment by deferring capital gains taxes. Investors are able to defer their unrealized capital gains by reinvesting the monies earned into an Opportunity Fund. The investors are then taxed on only 85 percent of the original investment, as well as proceeds (if they decide to stay in the fund for up to seven years). If the investment is held for more than 10 years, then the investors are only responsible for paying taxes on the original investment. In many ways, holding onto the investment for more than 10 years is often the more cost effective option.


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Yes. Inventory of a QOF, including raw materials, does not fail to be “used in a qualified opportunity zone” solely because the inventory is in transit from a vendor to the QOF or from the QOF to a customer.


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Capital gains that are realized through the sale or exchange of appreciated property are eligible for the tax benefits, provided that those amounts are invested in an OZ Fund within 180 days of the date of the sale or exchange. Any additional amounts invested in excess of the realized capital gains are not eligible for any tax benefits. There is no tracing of funds and, unlike Section 1031, the taxpayer may take possession of the funds prior to investing them in an OZ Fund.


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Yes. The list of designated Qualified Opportunity Zones can be found at Opportunity Zones Resources and in the Federal Register at IRB Notice 2018-48. Further a visual map of the census tracts designated as Qualified Opportunity Zones may also be found at Opportunity Zones Resources.


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Opportunity Zones are census tracts designated by state and federal governments targeted for economic development.


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There are three possible types of benefits that taxpayers may achieve by reinvesting their capital gains into a qualified Opportunity Zone Fund (OZ Fund):

The taxpayer will achieve a temporary tax deferral for capital gains reinvested in OZ Funds. The deferred gain will be recognized on the earlier of the date on which the taxpayer’s interest in the OZ Fund is sold or December 31, 2026.
The taxpayer’s basis in their original investment in increased by 10% of the deferred gain if the investment in the OZ Fund is held by the taxpayer for at least 5 years, and by an additional 5% if it is held for at least 7 years. If fully utilized, this step-up in basis translates into an exclusion of 15% of the original capital gains from taxation.
The appreciation in value of the taxpayer’s interest in the OZ Fund may be permanently excluded from taxation if the taxpayer holds his interest in the OZ Fund for at least 10 years. The taxpayer’s basis in his OZ Fund interest is increased to its current fair market value at the time of the sale or exchange of that interest. This benefit applies only to the appreciation of the investment in the OZ Fund and not to the original gains.


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No. You can get the tax benefits, even if you don’t live, work or have a business in an Opportunity Zone. All you need to do is invest a recognized gain in a Qualified Opportunity Fund and elect to defer the tax on that gain.


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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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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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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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