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  • Paul-Fiorilla

    Paul Fiorilla is the director of research at Yardi Matrix, a leading commercial real estate research and data platform tailored specifically to address the needs of the commercial market industry. Learn more at YardiMatrix.com.

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1 Comment

  1. Samuel Dangremond

    “pay no taxes on 10 percent of its gains. After seven years, 15 percent of the gains will not be taxed. Shareholders who hold the investments for 10 years can avoid paying taxes altogether.”

    This isn’t correct. You’ve confused the step-up in *original* basis at 5 and 7 years, with the exclusion on *new* gains (inside the Opportunity Fund).

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