Close desktop login portal

Client Login

Select one of the portals below and login with your credentials

Technology Solutions

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Technology Solutions

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Contact Us

Richey May Headquarters
9605 S. Kingston Ct. Suite 200
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Technology Solutions

 

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Technology Solutions

 

Richey May Technology Solutions provides the full spectrum of transformative solutions for your business.

Learn More

Business Advisory

Specializing in Mergers & Acquisitions, management reporting and operational improvements for you business.

Learn More

Contact Us

Richey May Headquarters
9605 S. Kingston Ct. Suite 200
Englewood, CO 80112
Directions
303-721-6232

Question or comments?  Click here to fill out our inquiry form.

Mobile menu toggle
Back to menuBack to menu
Richey May Headquarters
9605 S. Kingston Ct. Suite 200
Englewood, CO 80112
Directions
303-721-6232
Alternative Investment

QOFs Surpass $3B Mark

Articles by: Richey May, Nov 21, 2019

November 2019

The market response to the release of U.S. Department of Treasury guidance in late 2018 and April 2019 related to the opportunity zones program has been very encouraging. According to Novogradac’s Opportunity Funds Listing, Quality Opportunity Funds (QOFs) raised $3.2 billion! While the article in Connect Media about commercial real estate (linked below) provides a breakout of the different sectors in which these investments raised capital, residential and commercial investments seem strong while investments in operating business is lagging. In order to be eligible to receive the minimum 15% reduction in capital gains, a taxpayer needs to invest by the end of the 2019 calendar year. The next regulatory guidance could be released by early December 2019 by the U.S. Department of Treasury. To learn more about the industry sector wise breakout on investments in QOFs, read the article: https://www.connect.media/qofs-funds-surpass-3b-mark/

If you have questions regarding this topic, Richey May’s professionals in the Alternative Investments practice are available to help. For more information, please email Stephen Vlasak.