The economic effects of the pandemic have created an even greater need to help underserved communities, while at the same time, a federal election where changes to popular traditional tax-advantaged programs that could help stimulate economic growth are being discussed.
SAN JOSE, Calif. (PRWEB) September 23, 2020
Specialty financial administrator NES Financial, a JTC Company (LON: JTC), announced today that it will host its next webinar on tax-advantaged investments. Expert panelists will include Jean-Louis Guinchard, Managing Principal of RCX Capital Group; Daniel Wagner, SVP Government Relations of The Inland Real Estate Group; Edward J. Hannon, Shareholder of Polsinelli; and Frank Eichenlaub, Counsel of Polsinelli.
The informational webinar is scheduled for September 29 at 11 a.m. PT and will be moderated by Justin Amos, Account Executive, 1031 Specialist, of NES Financial. The event is free and open to the public to attend.
“2020 has been a year like no other,” said Amos. “The economic effects of the pandemic have created an even greater need to help underserved communities, while at the same time, a federal election where changes to popular traditional tax-advantaged programs that could help stimulate economic growth are being discussed.”
The Opportunity Zones initiative was enacted in 2017 to help incentivize economic development and growth in communities previously overlooked by investors. The initiative has grown considerably, with recently released final Treasury regulations and multiple legislative proposals to provide more in-depth reporting.
1031 exchanges enable you to reduce or eliminate taxes on the sale of business or investment real estate. If you want to sell one business or investment property (the “relinquished property”) and purchase a “like-kind” replacement property, structuring these two transactions as a 1031 exchange can enable you to defer capital gains tax and depreciation recapture tax.
In addition to discussing the benefits of each investment option, economic recovery and social impact, NES Financial will discuss how the latest presidential election may affect legislation. To RSVP and attend this webinar, please click here for more details or visit nesfinancial.com.
About NES Financial
NES Financial, a JTC Company, is a multi-jurisdictional provider of fund, corporate and private client services. The company administers more than $130 billion in assets and employs more than 900 people worldwide. A leader in specialty financial administration, NES Financial serves markets characterized by high administrative complexity, elevated transaction security needs and challenging compliance requirements.
As the North American division of JTC, NES Financial is the leading provider of third-party administrative solutions to US impact investment sectors, including Opportunity Zones and EB-5 visa funding, as well as to US private equity and 1031 exchanges. The company’s technology-driven solutions streamline new best practices in these markets by simplifying specialized financial transactions, reducing back-office overhead, curtailing fraud and abuse, and ensuring security, transparency and regulatory compliance during each step of an investment’s life cycle.
For more information, visit nesfinancial.com.
About RCX Capital Group
Founded in 2001, RCX Capital Group, LLC, a registered broker dealer and FINRA member, is an investment and merchant banking boutique, focused exclusively on the real estate sector and delivering tech-driven capital solutions.
Capital Markets. We work with leading real estate investment managers and operators, helping them profitably grow AUM across private wealth, family office, and institutional capital networks. Our hybrid approach combines traditional expertise and know-how with modern digital efficiency. Our clients can leverage both our offline and online networks to gain access to capital pools globally. Our principals have raised over $56 billion in over 160 transactions and have over 110 years of combined experience. Our capital markets platform is powered by Source Central in which we have over $400 billion in digital AUM access.
Real Estate Sub Advisory. We empower wealth management firms to make the best real estate investment decision for their clients. RIA, Family Office, and Broker-Dealer clients leverage our platform and expertise to grow their AUM within the real estate asset class. Our advisory services and white label technology platform gives advisors and their clients access to fully-vetted deal flow for tax-advantaged structures, such as Delaware Statutory Trusts, Opportunity Zone Funds, directly held property, and real estate funds.
Polsinelli is an Am Law 100 firm with 900 attorneys in 21 offices nationwide. Recognized by legal research firm BTI Consulting as one of the top firms for excellent client service and client relationships, the firm’s attorneys provide value through practical legal counsel infused with business insight, and focus on health care, financial services, real estate, intellectual property, middle-market corporate, labor and employment and business litigation. Polsinelli PC, Polsinelli LLP in California.