How a like-kind exchange can help you leave more behind for your heirs. Owners of business and investment properties are able to take advantage of Section 1031 of the tax code, which allows for deferral of capital gains taxes and depreciation recapture by allowing sellers to exchange their real property for a “like-kind” property (provided they follow all 1031 rules). This method of tax deferral has existed for more than a century and is a useful tool for small business operators, commercial real estate investors, and rental property owners looking to build wealth. We’ve previously discussed h ..read more

The results of JTC and OpportunityDb’s Impact Investing Survey are in, providing information on the current status of Opportunity Zones. Since the initiative was first passed in 2017, JTC has strived to help Opportunity Zones do the good they’re intended to do by providing solutions that allow OZ funds to better serve their investors and community stakeholders. In order to properly serve this sector and help it thrive, we need accurate information about how Opportunity Zones are doing, and that includes how they’re viewed by the public. JTC and OpportunityDb recently collaborated on a wide-r ..read more

Among the findings in JTC’s 2023 Impact survey report is a surprising revelation about what many don’t understand about ESG and Impact investing. While those in the industry may take it for granted that everyone knows about Impact investing and ESG, it’s important to understand the perceptions of investors and other stakeholders in order to develop better communication. JTC and OpportunityDb recently collaborated on a wide-ranging survey about opinions on ESG and Impact investing, both in the US and abroad. The survey report is now available, and was discussed at a recent webinar featuring a ..read more

How MCP is educating investors about Puerto Rico to raise capital for projects that could transform the island. The JTC Americas Impact Medallion Program recognizes impact fund managers and industry stakeholders who embrace best practices in security, transparency, and compliance. In this series, we’ll showcase Impact Medallion recipients and how they’re leading the way on Impact & ESG. For the full series, click here. While Opportunity Zones have helped drive investment to communities throughout the country, some areas have had to work harder in order to gain investment. This is particula ..read more

Ireland’s advantages as a jurisdiction makes it ideal for US fund managers looking to access European markets, but selecting the right structure is key. For US-based fund managers, Ireland has a lot of advantages as a fund domicile. Now that JTC is offering fund administration services to complement the AIFM, depositary, and corporate solutions offered by its Ireland offices, a recent webinar was held to discuss Ireland as a fund jurisdiction and what fund managers need to consider when thinking about expanding overseas. The webinar, “Fund Services in Ireland: Enhanced Capabilities, New Oppo ..read more

At a complimentary webinar on April 19th, a panel of industry experts will reveal findings from the groundbreaking survey report. Have investor opinions of Opportunity Zones changed from a year ago? Is the term “ESG” being greeted with diminished favor? How do US opinions of Impact and ESG compare to those in Europe? Do people even know the difference between Impact and ESG? These are just a few of the questions addressed in JTC and OpportunityDb’s 2023 Impact Investing Survey, which canvassed nearly 300 advisers, fund managers, and investors from the US and Europe to get at the heart of the ..read more

The Federal takeover of Signature Bank had some investors worried about the security of their EB-5 deposits. At a recent webinar, industry experts discussed EB-5 banking and how to ensure investor funds are safe. You may have read about the failures of Silvergate and Silicon Valley Bank and the Federal takeover at Signature Bank. While these banks had some things in common, Signature was notable because it was home to a large concentration of the market for EB-5 deposits. What does this mean for EB-5 investor funds, and what should Regional Centers do now? To help EB-5 stakeholders better un ..read more

What the White House release means (education is going to be key), what it doesn’t (1031 is ending), and whether it’s time to panic (not exactly). On March 9th, 2023, the White House released a statement outlining plans for the Biden Administration’s budget for the 2024 fiscal year. Titled, “FACT SHEET: The President’s Budget Cuts Wasteful Spending on Big Pharma, Big Oil, and Other Special Interests, Cracks Down on Systemic Fraud, and Makes Programs More Cost Effective,” the statement covers many important issues, but of special note among them is that the administration plans to change Sect ..read more

JTC’s offices in Ireland are now licensed for administration of U.S.-based funds alongside existing AIFM and depositary services. What does this mean for your international fundraising options? When US-based private equity firms look to expand their operations abroad, there are many jurisdictions to choose from, and the choice of domicile affects everything from where you can fundraise to taxes to regulatory issues and ESG standards. As the third largest fund center in the world, Ireland is perfectly situated to support US fund managers. Because it has tax treaties with both the US and EU, I ..read more

The need for transparency in Opportunity Zones The Opportunity Zones Initiative has been a historic success, giving those committed to helping underserved communities the ability to drive investment toward the areas that need it most. But until the government makes the changes necessary to support those OZ projects that are doing good and weed out those that are taking advantage of a worthwhile program, it falls on industry leaders to commit to best practices in order to improve OZ’s reputation. The ramifications of fraud in Opportunity Zones In 2022, a New York real estate fund manager was se ..read more