Tax incentives, cost of living, and an abundance of investment opportunities are causing immigrant investors to take notice of the island. In recent years, Puerto Rico has enacted a series of business and investor-friendly initiatives to attract investment to the island. This is good news for foreign nationals who wish to obtain their green cards [...]
On an island made up of 98% QOZs, Monllor Capital Partners looks to make a big impact. We wrote recently about Puerto Rico as a destination for Opportunity Zone capital. The island offers serious advantages for investors who want to positively impact communities that need it most, and who are looking for ESG investments outside [...]
There’s a reason that a new effort from MIT aimed at better appraising ESG is called the Aggregate Confusion Project: the breadth of different methodologies, reporting standards, and datasets make measuring ESG, well, confusing. As the Project’s directors write, “the correlation among prominent agencies’ ESG ratings was on average 0.61; by comparison, credit ratings from [...]
JTC has had another strong set of interim results with impressive growth in revenue and profit reported for the first half of 2022 San Jose, CA. September 23, 2022 - JTC has had another strong set of interim results with impressive growth in revenue and profit reported for the first half of 2022. The financials [...]
JTC will handle fund administration duties for the fund, which is focused on hotel properties in major US markets San Jose, CA. September 16, 2022 - JTC has entered into an agreement to provide fund administration services for Avistone’s Strategic Fund I. JTC will lend its industry-leading technology, data management, world-class service and expertise to [...]
Projects in Opportunity Zones can take advantage of additional government incentives to attract investment and succeed in their impact goals. We’ve previously discussed how EB-5 capital can be used in conjunction with Opportunity Zones incentives to secure the necessary debt financing for a capital stack. But EB-5 is not the only government program that can [...]
The suit alleges PNC Bank worked with developers and a Florida Regional Center to defraud investors PNC Bank is among the defendants in a lawsuit alleging fraud, misappropriation of funds, and civil conspiracy among a total of 10 counts related to investments made under the EB-5 Immigrant Investor Program. While still ongoing, the lawsuit is [...]
Combining eXp’s relationships with JTC’s 1031 expertise proved a winning combination for a speedy like-kind exchange To better serve our mutual clients, JTC Americas has formed a strategic partnership with eXp Realty. By taking advantage of both JTC’s decades of experience as a Qualified Intermediary and eXp’s extensive network of real estate professionals, one client [...]
The free webinar will feature industry experts discussing 1031 Exchanges, Opportunity Zones, and how investor strategies are evolving. San Jose, CA. August 17, 2022 - Fund administration leader JTC Americas has announced an in-depth virtual forum on the state of tax-advantaged investing in 2022. The event is scheduled for August 24th, 2022, and will be [...]
A 1031 Exchange can help you defer taxes and build wealth for retirement – but what do you do when it’s time to finally sell? Section 1031 of the tax code allows for the deferral of capital gains taxes and depreciation recapture from the sale of real property if the seller exchanges it for a [...]