More than $75 billion has been invested in Qualified Opportunity Zones (QOZs) since the program was created under the Tax Cuts and Jobs Act of 2017. Investing in a Qualified Opportunity Zone fund offers significant tax advantages to people who invest with short- or long-term capital gains.
A bipartisan bill up for consideration this fall may extend current QOZ legislation and expand tax benefits, adding even more opportunity to these investments. QOZ funds have the potential to provide unlimited tax-free growth for your high-net-worth clients.
On this webinar, Origin Investments Co-CEO David Scherer will discuss the QOZ program’s background and detail its significant tax advantages, such as tax deferral and elimination. Plus, he’ll provide an overview of Origin QOZ Fund II, which is accepting new commitments, and share why Origin has raised more than $435 million for its QOZ Funds from more than 1,500 investors.
Topics will include:
What a QOZ is and why the program was created
What types of gains are eligible to invest in a QOZ
How a proposed law could further enhance QOZ investments
How to evaluate a QOZ investment for your clients
Speakers:
David SchererCo-CEOOrigin Investments
In 2007, David Scherer co-founded Origin Investments, a top-decile fund manager with expertise in building, buying and operating institutional-class multifamily real estate across the country. He oversees acquisitions and asset management, and under his leadership as co-CEO and co-chair of the investment committee, Origin has executed more than $2.6 billion in real estate transactions. Prior to Origin, he served as president of a privately financed hedge fund. David earned his undergraduate degree from Harvard University and his MBA from the University of Chicago. He has more than 25 years of experience in real estate investing, finance and asset management.
