Home
Projects
Our Fund
About Us
Newsroom
Investor Portal
Contact

Home
Projects
Our Fund
About Us
Newsroom
Investor Portal
Contact

18 Mar 2021

$15M Rebman’s redevelopment get zoning OK, 2023 opening expected

by OZFund | posted in: News | 0

OZFund_ZoningApproval_lancasterOnline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comment

Name *

Email *

Website

Δ

Key Information

13-18%+

Cumulative Preferred Return

506(c) Reg D

Disclaimer

We filed with the Internal Revenue Service (“IRS”) to become a Qualified Opportunity Fund ("QOF"). There is no guarantee that any investor would be able to realize any particular tax results by making an investment in us. Limited Internal Revenue Service guidance and proposed Treasury Regulations have been provided but there is still uncertainty regarding the Opportunity Zone program. Although the US Department of the Treasury has released guidance on the Tax Cuts and Jobs Act of 2017 ("TCJA"), there is no guarantee that the rules of the program will not be changed in the future. Each prospective investor should consult with their personal tax advisors before making any investment into an QOF including the OZFund.

OVERVIEW - The Tax Cuts and Jobs Act (TCJA) provides that, for investors who have rolled capital gains into an opportunity fund or invest in a QOF and hold that investment in the QOF for a period of ten years or more, that any additional appreciation beyond the amount initially invested realized by such investor from liquidating such investment will not incur additional federal capital gains taxes. However, each prospective investor should consult with their personal tax advisors before making any investment into an QOF including the OZFund. For an up to date list of FAQ's, please go to the IRS Website here.

This website is not an offer to sell nor a solicitation to buy Securities. That can only be done by our current confidential Private Placement Memorandum (“PPM”). Investing in the OZFund is considered a speculative investment for Accredited Investors only, who can stand to lose their entire investment. The equity interests being sold in this offering have not been approved or disapproved by the Securities and Exchange Commission or any state’s securities division. Nor has the Securities and Exchange Commission or any state securities department passed upon the accuracy or adequacy of the PPM or the disclosures provided therein.

© 2023 OZFund, Inc.