Opportunity for September Capital Gains Deadline

Have you had a chance to review your 2022 K-1 statement that reflects the realized capital gains from your interest in a pass-through investment vehicle? If so, you may still be eligible to re-invest those gains into a Roers Companies Opportunity Zone project.

Act quickly, as time is of the essence. You’re granted a 180-day window starting from the 2022 deadline for partnership tax returns (March 15, 2023) to make this reinvestment, so you must reinvest those gains by September 11, 2023. By choosing to invest your gains in our project, you unlock three important advantages:

• Tax Deferral: Your original capital gains can be deferred until December 31, 2026.
• Tax-Exempt Appreciation: Any appreciation on your Qualified Opportunity Zone (QOZ) investment is tax-exempt, provided you maintain the investment for a minimum of 10 years.
• Tax-Sheltered Income: Enjoy tax-sheltered income with no worries about depreciation recapture, as long as you hold the investment for at least 10 years.

It’s important to note that even if you’ve already filed your 2022 tax return and reported 2022 K-1 or pass-through vehicle capital gains, there are still avenues available for you to explore.