OpportunityDb Podcast: How a Tax Rate Increase May Impact Opportunity Zone Investors, with Alex Bhathal

Jimmy Atkinson May 5, 2021 Podcast

Tax rates could be on the rise under the Biden administration. What impact would a huge capital gains tax increase have on the Opportunity Zone marketplace?

Alex Bhathal is co-owner of the Sacramento Kings and managing partner at RevOZ Capital, a large Opportunity Zone developer headquartered in Newport Beach, California.

Episode Highlights

  • The Opportunity Zone assets that RevOZ Capital has purchased so far, and why they see value in multifamily in secondary markets.

  • How the Biden administration’s proposal to substantially increase the capital gains tax rate may impact the Opportunity Zones marketplace, and how investors may react.

  • Considerations for capital gains taxpayers if the tax rates go higher, and why such an increase may make Opportunity Zone investing even more valuable.

  • How the RevOZ Capital Social Impact Council adds value to investors.

  • Deal scouting for delivering investor returns and impact in communities.

  • Lessons that Alex and his RevOZ Capital team have learned over the past three years as a pioneers in the Opportunity Zones industry.

Click below to listen to my conversation with Alex.

Lisa Merage