OZ Benefits
10 yrs.
Locate your QOF business here
Grow your business
Sell your business Tax free gains (profit)
Part 1 - Sale of QOF Business After 10 years
Assumptions
Capital gains on sale
$ 247,500,000 $ 58,905,000
D = B-A E = C*D
Capital gains invested in QOF start-up Sale of QOF business after 10 years
$ 2,500,000 $ 250,000,000
A B C
Capital Gain taxes eliminated (estimate)
23.8 %
Capital gains tax rate
There are various qualification requirements, restrictions and guidelines to this newly created tax incentive and SL Green makes no indemnification that tenants will qualify for or receive any of the benefits outlined herein. Please consult a tax professional for further guidance.
Part 2 - Capital Gains Invested in QOF Business
Capital gains tax paid prior to 12/31/2026 Capital gains eliminated after 5 years - % Capital gains eliminated after 5 years - $ Capital gains taxes paid on 12/31/2026
$ 0
10 %
F
$ 250,000 $ 535,500 $ 59,500
G = A*F
H = (A - G)*C
Capital gains taxes eliminated
I = G*C
Total Taxes Eliminated
$ 58,964,500 = E+I
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