Sixty West Funds offers the ability to benefit from the Opportunity Zone program's tax incentives.
Tax Deferral
Defer tax on capital gains invested in Opportunity Zone Funds until December 31st, 2026.
Step-Up in Basis
Basis of the invested gains is increased by 10% if the investment is held at least 5 years and by an additional 5% if held for at least 7 years, thus excluding up to 15% of the original gain from taxation at 7 years.
Tax-Free Opportunity
Any appreciation on the invested gains while in the Qualified Opportunity Fund is excluded from taxable income if the investment is held for at least 10 years.
