Season 3 Episode 5: Qualified Opportunity Zone (QOZ) Program with John Berlet

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

*********************************************************************************

KEY TAKEAWAYS

Learn about Opportunity Zone investing by a team who is currently engaged in one. John Berlet, a fund manager and retirement planner, along with Stormy Johnson, and Patrick Sughroue of Coastal Bend OZ Fund shared the finer points of the Qualified Opportunity Zone Program. They break down the tax strategy, share their pro forma, and more.

Familiarize yourself with what's possible through the QOZ Program:

• An investor incentive
• Incentives are based on the reinvestment of capital gains
• Geared toward new or improved projects and businesses and must be long-term holdings
• Incentives are market-based
• OZ incentives are intended to be layered or integrated with other federal, state, local, and community incentives or programs.

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

*********************************************************************************

FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/