JOCKEY
CREEK
MANAGEMENT
aboutus
Jockey Creek Management is a
Real Estate Investment Company
based on Long Island, NY.
We invests primarily in the Midwest.
We have been successful in
repositioning multi-family apartments,
retail, medical and ground
up construction.
We rely on 30 years of commercial
real estate experience to give
the best possible return to our investors.
Jockey Creek Management is pleased to announce the purchase of 4 acres of land in the Cambridge Ohio Opportunity Zone.
Unlike Most Opportunity Zones,
this is located in a dense retail corridor, with strong traffic and surrounded
by many National Retailers.
how
OPPORtUNITy
ZONEs work
Opportunity funds let investors postpone federal taxes on recent capital gains until the end of 2026; they can also reduce the taxable portion of those gains by as much as 15 percent, after seven years. Further, investors can eliminate taxes on additional gains from investing in the fund itself, if they hold the investment for 10 years.
So if you have investments that have appreciated, you can defer capital gains taxes by selling the investment and reinvesting the money into an opportunity fund within six months. Almost any sort of capital gain qualifies, whether from the sale of stocks or mutual funds, or other investments, including the sale of real estate or a business.
Just the gains on an investment - rather than the entire proceeds of a sale - must be reinvested in the opportunity fund. ~The New York Times
For more information on the tax benefits of opportunity zones please contact your tax professional.
