What is an Opportunity Zone?
Urban Point SF is located in a distinctive area of San Francisco that is designated as “Qualified Opportunity Zone” or “QOZ”. Locating your business operations in a QOZ may provide a business owner (or “YOU”) a unique competitive edge when seeking additional investors or outside capital to grow their business including a lower cost of capital. Outside investors will be attracted to your business due to significant tax benefits offered when investing in a QOZ business. Locating your business in Urban Point SF , can offer you advantages that you won’t find at other locations in San Francisco.
How can I capture Opportunity Zone Benefits?
Locate your business within a Qualified Opportunity Zone
Raise ready capital from Opportunity Zone Funds to Purchase FF&E for the EXPANSION of your business
Defer taxes on capital gains and REINVEST money into your business
Eliminate income taxes from the appreciation of business and REINVEST money into your business
Where can I find more information on Opportunity Zones?
More information on Opportunity Zones can be found at the following resources:
https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
Qualified Opportunity Fund Structure: Tenant sets up a Qualified Opportunity Fund (QOF) to lease building space from the Landlord. Taxpayer/owner of the QOF can elect to defer capital gains and receive additional tax benefits (assuming investment holding periods are met) by investing gains into the QOF. Proceeds received by the QOF will be used to purchase FF&E used for the operating business.