Opportunity Zone Investing
Tax Advantaged, Community Impact Real Estate
Pinnacle Partners is an early mover and leader in Opportunity Zone (OZ) real estate investing. The firm and its subsidiaries have invested more than $270 Million of equity across 13 projects that consist of approximately 2,000 multifamily units, and two historic adaptive re-use office buildings. Pinnacle seeks best-in-class development partners in target markets across the U.S. with track records of delivering and operating successful projects.
OZ Program Tax Benefits for Investors
The Opportunity Zone (OZ) program was established by the U.S. government as part of the Tax Cuts and Jobs Act of 2017. The program is designed to incentivize long-term investment in designated "Opportunity Zones" in low-income communities across the country, promoting economic growth and job creation. Investing in a Qualified Opportunity Fund (QOF) provides significant tax advantages for investors with eligible capital gains. Examples of eligible gains include the sale of stock, real estate, a business, cryptocurrency, art, and partnership interests.
Deferral of Capital Gains Taxes
Eligible capital gains can be invested into a QOF within 180 days of realization. By investing in a QOF, the invested capital gains tax is not due until 2026.
No Capital Gains Tax on Fund Profits
After the QOF investment is held for at least ten years, an investor’s disposition of an investment in the QOF does not result in any additional federal income taxes.
No Depreciation Recapture
Any depreciation used to offset ordinary income taxes throughout the ten year holding period from property cash flows is also eliminated.
Bipartisan Bill Supporting Expansion & Extension of Opportunity Zones Moving Through Washington.
Explore our curated OZ fund.
Pinnacle Partners Opportunity Zone Fund VIII, LP will invest in four already identified residential development projects: two market-rate multifamily communities within NFL stadium districts in Denver, CO and Nashville, TN; and two build-to-rent communities in Charlotte, NC and Avondale, AZ.
Currently open to accredited investors with capital gains.
Get in touch with our team.