So, you have acquired a residential property in South Florida for purposes of investment, to use when you retire or to generate income from short term rentals and because you don’t live in the property, either you have a management company to keep tabs on the property...
Yormack Law Insights
Stay updated with the latest legal trends, insights, and resources.
Changes to Opportunity Zones: What You Need to Know (And What Still Needs Clarification)
Newly Proposed Opportunity Zone Regulations Since the first announcement of the Opportunity Zones program, investors have watched with interest. But, the initial program guidelines were plagued with unanswered questions. On October 19, 2018, the Internal Revenue...
The Benefits of Opportunity Funds: How They Can Boost Investment Returns
What are the benefits of investing in an opportunity fund? Those who invest in opportunity funds in qualified opportunity zones become eligible for substantial federal tax advantages. Investors can defer and reduce realized capital gains on the invested principal and...
ICOs vs. the SEC: A Decision that Shapes the Future of Cryptocurrency
What Happened? In a landmark judicial decision, the motion-to-dismiss the case to determine if ICOs are subject to SEC jurisdiction has been denied. In the case, captioned U.S. v. Maksim Zaslavskiy, the U.S. Securities and Exchange Commission (SEC) is suing Maksim...
Investing in Opportunity Zones: How to Maximize Your Tax Incentives and Capital Gains
What is the Opportunity Zones program? The Opportunity Zones program is an exciting new program which provides tax incentives for capital gains on investments in specially designated areas. The program was created as part of the Tax Cuts and Jobs Act of 2017, which...
Shelter Your Capital Gains: 1031 Exchanges vs. Opportunity Funds
Until recently the 1031 Exchange has been one of the most tax efficient investment vehicles commonly used by real estate investors. That is, until the start of the Opportunity Fund under the Qualified Opportunity Zones program established by the Tax Cuts and Jobs act...





