The Future of Real Estate Investment: Opportunity Zones

Feb 17, 2019 by

According to the 2017 Distressed Communities Index by the Economic Innovation Group, one in six Americans, approximately 17 percent of the population, live in economically-distressed communities, and the average state has 15.2 percent of its population living in these struggling areas.

The new Opportunity Zone (OZ) tax incentive was created as part of the 2017 Tax Cuts and Jobs Act to encourage investment in low- to moderate-income communities across the country through tax benefits, such as deferring tax on capital gains by making an investment in any of the designated zones. So far, 8,761 communities covering all 50 states, including the five U.S. territories, have been designated as opportunity zones, and they will keep this status for 10 years.

The Investing in Opportunity Act has the potential to have a direct social and economic impact upon underserved communities, benefiting investors, communities and taxpayers alike. It is predicted to be a pivotal catalyst for economic recovery, business development and affordable housing, which could help countless individuals achieve financial stability and economic growth for themselves and future generations.

Real estate investors and high-net worth individuals are seeking to take advantage of opportunity zones to use their capital, which otherwise would be sitting on the table, to help their surrounding communities. Thus, industry professionals, especially those in the commercial space, should be informed about the benefits and potential pitfalls of this new investment trend.


  • A Win-Win Situation – Aside from receiving a tax break on their capital gains, investors have an opportunity to make an impact in their local communities.
  • Low-Cost and Low-Risk – This new legislation is a low-cost and low-risk opportunity for taxpayers. Investors bear the brunt of the risk for their originally deferred capital gains, although they do receive a tax reduction for long-term holdings.
  • Direct Impact for Economically-Distressed Communities – Low-income and economically-distressed cities and towns—which include over 52 million American citizens—are benefited by having funds funneled directly into programs that can help with job growth, affordable housing, entrepreneurship, and more.
  • Long-Term Investment – The Act encourages long-term investment by offering a reduction in capital gains taxes owned on their original investments after holding them for five to seven years. In addition, if investors have qualified investments held for more than 10 years, those assets will be exempted from further capital gains recognition over what was deferred originally.


Opportunity zones are anticipated to be influential in putting capital into areas that need it most, which otherwise would have been left on the table; however, a concerted effort will have to be made to make sure that rural areas are not overlooked for investment in fear of small returns compared to more populated city centers in states such as New York and California.

Revitalizing our distressed communities will help bring more jobs to citizens—especially in the development of hospitality businesses—reduce crime rates, and provide resources and opportunities for more Americans to reach their full potential and improve their quality of life. 

Desirée Patno is the CEO and president of Women in the Housing and Real Estate Ecosystem (NAWRB) and Desirée Patno Enterprises, Inc. (DPE), as well as chairwoman of NAWRB’s Diversity & Inclusion Leadership Council (NDILC). With 30 years of experience in housing, Patno is a champion for women’s economic growth and independence. In 2017, named her the Highest-Ranking Woman and 4th Overall Top Real Estate Influencer to Follow. For more information, please visit

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The New Normal for First-Timers: How to Confront and Overcome Today’s Buyer Challenges

Feb 16, 2019 by

Agents: Are you effectively engaging first-time homebuyers? Register for RISMedia’s latest webinar, “The New Normal for First-Timers: How to Confront and Overcome Today’s Buyer Challenges,” for insights on:

  • Attracting first-time homebuyers
  • Guiding them through the home-buying process
  • Helping them overcome setbacks in a transaction, and more

Register now!

What: RISMedia’s Webinar Series – The New Normal for First-Timers: How to Confront and Overcome Today’s Buyer Challenges

Sponsored by

When: Wednesday, Feb. 20, 2019 at 3 p.m. ET / 2 p.m. CT / 1 p.m. MT / 12 p.m. PT

Who: Featuring Terra Beaver, The Mike Coke Team, Terra Firma Realty; Brenda Jones, Brenda Jones Real Estate Group; Cameron Drew, The Power of 2 Team; Julie Munchel, Lee Tessier Team, Tessier Real Estate; Paul Johnsen, Lee Tessier Team, Tessier Real Estate; Bob Davoli, American Home Shield®; moderated by Verl Workman, Workman Success Systems

For coverage of the webinar, follow @RISMediaUpdates and use #RISWebinar.

About the Webinar

Terra Beaver is a sales partner with The Mike Coke Team at Terra Firma Realty, Inc. in Wisconsin. As a Juneau County native, Beaver has insider knowledge of her market.

Brenda Jones is principal broker of the Brenda Jones Real Estate Group, based in Bennington County, Vt. In Jan. 2015, Jones was honored by her brand for closing the most transactions of all practitioners in her region..

Cameron Drew is a sales partner at The Power of 2 Team in Maryland. Drew is an active member of the Coastal Association of REALTORS(R), having been co-chair of the Government Affair Committee and a member of the Board of Directors

Julie Munchel is a buyer’s specialist with the Lee Tessier Team at Tessier Real Estate, based in Bel Air, Md. Munchel has extensive experience and a passion for real estate.

Paul Johnsen is a sales partner with the Lee Tessier Team of Tessier Real Estate, based in Bel Air, Md. Area homebuilders have honored Johnsen in recent years, including naming him Salesperson of the Year in 2012 and No. 1 in the Baltimore region for sales in 2013.

Bob Davoli is a regional sales director at American Home Shield, serving real estate professionals in Western Pennsylvania, Ohio, Michigan, Indiana, Kentucky and West Virginia.

Moderated by

Moderator Verl Workman, CEO and founder of Workman Success Systems, has delivered keynotes, seminars and more to thousands of real estate professionals worldwide. Drawing on his experience in sales, marketing, management and technology, Workman has empowered the masses to expand their knowledge and achieve their goals.

Each month, RISMedia’s webinars draw over 1,000 agents and brokers from across the country eager for exclusive insight from the industry’s most profitable professionals. To view our last webinar, “Brokers: Creative, Effective Ideas to Propel Revenue,” please visit RISMedia’s Housecall.

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2018 Aspiring Home Buyers Profile

Feb 16, 2019 by

CLICK HERE to Register for Listing Booster Mastery for MLO’s CLICK HERE to try MBS Highway CLICK HERE to Learn More About PreApp1003 CLICK HERE to Download the Aspiring Home Buyers Profile

The post 2018 Aspiring Home Buyers Profile appeared first on National Real Estate Post.

National Real Estate Post

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How Many Facebook Pages Can I Post To?

Feb 15, 2019 by

By default your ACEsocial account can automatically post to two (2) Facebook business Pages. If you have admin or editor rights to more than two Facebook Pages you will see all pages but only be able to select two of them to receive automatic posting. If you would like ACEsocial to post to more than two Facebook Pages please click below to contact ACEsocial support.

Note: As of August 2018 Facebook no longer permits ACEsocial, or any similar automatic posting service,  to post to Facebook personal Profiles; ACEsocial can only post to Facebook business Pages.


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