The Economic Innovation Group estimated that U.S. investors, collectively, had over $6.1 trillion unrealized capital gains by the end of 2017. What if these funds could be funneled to economically struggling areas? The recently passed Tax Reform Act included a potential tax break for investors, in which they may defer capital gains taxes on the sale of any asset by investing those gains through a Qualified Opportunity Fund. Join us as our guest, Anthony Oliver talks about the $1 billion local investment opportunity and the implications for investors, neighborhoods, local businesses and nonprofits. Be sure to take notes, and call in with your burning questions. Call in live at (347) 884-8121 to join the conversation.. You don't need an account to listen. You can also participate in the live chat. Archived episodes may be found at http://Valeriefleonard.com/NonprofitU, iTunes, Podcast Chart, Blubrry and Stitcher.
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