1031 Exchanges: Time’s Up! … Or Is It?

Although IRC Section 1031 exchanges may seem simple, that’s not always the case. Understanding the nuances of Section 1031 can make or break the success of your exchange. Here’s one example of a common misconception that can disqualify an otherwise straightforward 1031 exchange: How many times have you heard that you have 6 months, or 180 days, to complete your exchange? Wait … 180 days from when, exactly? The exchange period is the period of [...]

“One Contact, One Team”: NES Financial’s Vision of Fund Administration Client Service

At its root, the purpose of third-party fund administration in the private equity space is to lift burdensome administrative responsibility from your core team — to handle the middle- and back-office requirements of fund management efficiently, and at scale, so you can focus your internal efforts on raising and investing capital. Given that efficiency is a key value-add of third-party fund administration in general, why do many fund administrators lack efficiency in how they run [...]

Avoiding Time Delays in EB-5 [Article]

Read the article   Compared to other Citizenship/Residency by Investment programs globally, the EB-5 visa isn’t structured very attractively. For one, it’s more expensive than most countries’ programs (which average about $350,000 USD). The majority of other countries also do not require proof of job creation, and the investment can be made directly into a private real asset. However, the biggest hurdle for most prospective immigrants is the amount of time it takes for [...]

By |February 13th, 2019|Categories: BLOG, EB-5, Industry Insights|Tags: , , , , |

Sen. Tim Scott Calls for Increased Reporting in OZ. NES Financial Delivers.

Senator Tim Scott (R-SC), one of the drafters of the Opportunity Zones tax incentives, recently published an open letter (co-signed by 15 other senators and representatives) to Treasury Secretary Steven Mnuchin addressing the Treasury's first set of proposed regulations on Opportunity Zones, which were released in October. In the letter, the authors praise certain aspects of the proposed regulations but note that “a number of important questions remain” regarding their implementation. They go on to [...]

Last Chance to Register: Opportunity Zones “State of the Industry” Webinar

“State of the Opportunity Zones Industry: Q1 2019” An NES Financial Webinar Wednesday, February 13 | 11 AM Pacific | Free Register Now   It’s almost time! Our next Opportunity Zones webinar will be held this Wednesday, February 13th. Register now, and listen in as thought leaders from across the industry — including Steven Polivy (Akerman), Clem Turner (Chiesa Shahinian & Giantomasi), Ira Weinstein (CohnReznick), Christopher Fontaine (Veterans Investing) and Larry Perkins (Gateway Opportunity Funds) [...]

Introducing the Speakers for Next Week’s Opportunity Zones Webinar

“State of the Opportunity Zones Industry: Q1 2019” An NES Financial Webinar Wednesday, February 13 | 11 AM Pacific | Free Register Now   Our upcoming Opportunity Zones webinar promises to be a good one. Tune in this Wednesday, February 13th, and hear what the following panel of industry experts has to say: Ira Weinstein (CohnReznick) — What investors are looking for in a fund/project Clem Turner (Chiesa, Shaninian & Giantomasi) — Principles of [...]

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