BPM Real Estate Insights
As you can see, the sale of the original investment or the
asset held by the QOF is not limited to real estate. The tax
benefits for investors encourage a long-term investment
in low income areas, steering potential revenue for the
government directly towards other taxpayers that are
in need. n
11
Jackie Matsumura is a partner and the real estate industry group
co-leader at BPM. Contact Jackie at [email protected] or
925-296-1035.
Lily Wang is an associate II in the tax group at BPM. Contact Lily at
[email protected] or 415-677-4532.
The IRS auditors would never have suspected a thing
if I hadn’t laughed so hard just as they were going out
the door.
Reprinted with permission of the publisher. From Executive
Smart Charts, copyright 1993 by Herbert Stansbury, Barrett-
Koehler Publishers, Inc., San Francisco, CA. All rights reserved.
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