Happy New Year! We thought it would be a perfect time to share our five most viewed blogs from 2015.
1. The EB-5 industry is seeing a shift in the distribution of projects
The hot trend in EB-5 development projects in 2013 was hotels, resorts, and casinos, with these types of projects contributing millions of dollars and hundreds of jobs to the United States economy. But as other sectors began to grow, the kinds of projects we saw utilizing the low cost benefits of EB-5 funding started shifting. Data gathered from NES Financial’s involvement in hundreds of EB-5 projects was presented at the last EB-5 Innovation Summit and highlighted the facts around the trend.
2. What you should know about 1031 exchanges
If you are planning on selling and buying business or investment assets this year, a 1031 exchange is a great way to defer taxes on capital gains or depreciation recapture. So what types of assets are exchangeable?
3. I-829 success depends on tracking the flow of EB-5 funds
To ensure successful I-829 filing, EB-5 issuers should establish procedures to track the flow of an EB-5 investor’s funds throughout the entire EB-5 life cycle – not just through the escrow account.
4. 9 misconceptions about 1031 exchanges
Although 1031 exchanges as a tax savings tool has been around for decades, there are still some common misconceptions as to how exactly they work.
5. Why EB-5 escrows require a nuanced approach
Though many banks claim to meet the escrow needs of EB-5 projects, most lack the specialized expertise necessary to satisfy the diverse demands of EB-5. For many Regional Centers, partnering with a bank without EB-5 experience backfires.
What is a 1031 exchange? Find out more by downloading our 1031 Exchange Solution Sheet.
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