Despite what the naysayers tell you, investors continue to be interested in the opportunity zone space, as dealflow in the industry continues despite the Coronavirus pandemic. In this podcast, attorney Paul Wassgren from the DLA Piper law firm proves this point with his insights as to how stacking up benefits provides even more tax savings for investors, why he’s so pro-Opportunity Zone, what locations are the most prevalent for investment, and why he thinks real estate may be the saving grace of a recovering economy as construction continues as an “essential business”.
There’s definitely evidence that there’s a lot of capital out there waiting for great deals. And based on what Mr. Wassgren says on this podcast, deals are continuing to pop up in the Opportunity Zones marketplace. This info is coming from someone who works with many high net worth real estate clients exclusively and has a solid pulse on what’s going on in the industry. Even after a number of years, both investors and Opportunity Zone fund managers are confused as to how to take advantage of the Opportunity Zones program, especially in light of Covid-19. That’s why this podcast is for you – info from the top minds in the industry!
In fact when it comes to QOZs, Covid19 is looking more and more like a speedbump rather than a stop-sign – and after listening to this podcast, you’re sure to come away with one huge takeaway: do not bet against the American economy! Want to know more on how to best use opportunity zones tax strategies and get into the right investments? Then contact Paul directly at 617-461-4061. In addition, you can get more information at the DLA Piper website here.
ABOUT OUR GUEST: Paul Wassgren
Paul Wassgren practices at the intersection of corporate law, real estate, and securities. He regularly represents funds, real estate sponsors, and investors. Paul has extensive experience in the areas of project and real estate finance, acquisitions, general corporate law and private placements. His clients range in size from individual entrepreneurs to multinational corporations.
Before joining DLA Piper, Paul was a corporate partner at another AmLaw100 firm. Prior to practicing law, Paul worked as a consultant in the biotechnology industry, and was among the youngest licensed stock and bond brokers in US history.
DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning them to help clients with their legal needs around the world.
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