Sustainable Agriculture Opportunity Zone Fund
What is an Opportunity Zone Fund?
The federal government’s Tax Cuts and Jobs Act of 2017 established Qualified Opportunity Zone provisions to stimulate economic development. These provisions provide potentially significant tax benefits to investors who re-invest capital gains into long-term investments in QOZs.
Why invest in an Opportunity Zone Fund?
Harvest Returns is launching an Agriculture Opportunity Zone Fund that will invest and create positive impact to the agricultural industry across economically disadvantaged regions of the United States and provide investors with tax-favorable risk-adjusted returns in non-correlated assets. The fund’s investment objective is to achieve tax-advantaged capital appreciation in production agricultural projects that are economically, socially, and environmentally sustainable.
Minimum Investment - $25,000
Investor Eligibility - Accredited Investors Only
Tax Benefits of Opportunity Zone Funds
Capital Gains from the sale of any asset (if reinvested in 180 days) are deferred until the sale of the new investment, or December 31, 2026, whichever is earlier.
step-up in basis
Any investment re-invested and held for 5 years gets a tax basis increase of 10%, and any investment held for 7 years gets a tax basis increase of 15%.
Investments held for 10 years will pay no capital gains tax on the post acquisition gains. This permanent exclusion applies only to the gains accrued in the OZ Fund.
To be one of the first to know when the fund opens, please fill out the form below.