OZ Funds allow taxpayers to defer federal long and short-term capital gains until April 2027. In addition all appreciation accruing over a 10 year or more holding period escapes federal taxation. Depreciation is also not recaptured for long-term holders.
MITmodular has an OZ Fund with commercial real estate and unique manufacturing operations that not only allows the deferral and tax exemption, but also generates bonus depreciation, tax credits and government grants.
MITmodular is an ESG company which designs and manufactures innovative and energy-efficient modular housing primarily out of re-purposed shipping containers. Their market includes: Accessory Dwelling Units (ADU’s), homeless housing, workforce housing, affordable housing, upgraded housing for mobile home parks, emergency housing as well as special event and retail uses.
MIT designs include single or multiple container housing units, basements and rooftop decks can be included for maximizing living space, while enhancing energy efficiency.
For additional information please check out their designs and year-end investment opportunities at:
For more information on Opportunity Zones please see:
Blake Christian, MITModular
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