Wipe Out Capital Gains Taxes with Opportunity Zones, with Scott Krone

Published: May 5, 2020, 5:04 a.m.

b"Opportunity Zones! Scott Krone from Coda Management joins us to discuss a new way that investors can wipe out their Capital Gains tax burden on multiple investments! Opporutunity Zones are a great way to increase your earnings by investing in quality real estate assets while simultaneously eliminating capital gains taxes. We're talking about his strategy today of investing in a variety of assets with this Opportunity Zone Fund.\\nPlease note that this is **not** personal financial, investment, or tax advice. You should always work with appropriate licensed professionals such as your CPA to evaluate whether a particular investment or strategy is right for you.\\nGet in touch:\\nCoda Management\\nOther Similar Episodes:\\nSelf Storage Investing Mastery with Scott Lewis\\nTax Strategies for Real Estate Investors with Ted Lanzaro\\nGuest Bio:\\nMr. Krone is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology.\\xa0 While obtaining his degree, he also worked as a Project Manager for Optima, Inc.\\xa0 During his time at Optima, Krone\\u2019s responsibilities included such notable projects as the 400 unit Cormandel in Deerfield, IL, the 40 unit HedgeRow in Winnetka, IL, and the 51 unit Optima Center Wilmette in Wilmette, IL.\\nIn 2012, Mr. Krone founded Coda Management Group \\u2013 a firm who specializes in managing real estate assets.\\xa0 Since its inception, Coda has manages a wide range of real estate including single and multi-family homes, retail, commercial warehouse and self-storage and multi-use flex athletic spaces.\\xa0 Currently, the platform of investments is in excess of $55 million.\\nIn 1998, Mr. Krone founded Coda, an award winning Design + Build | Sustainability | Consulting firm.\\xa0 Since its inception, Coda has won numerous design/build awards including the international Green GOOD Design Award in 2010, Best of Houzz 2014 and 2015, and Design Evanston Award.\\xa0 Their work has been featured in notable publications as\\xa0Dream Homes - Chicago,\\xa0Midwest Luxury Homes, Crate & Barrel\\xa02010 Best Catalogs, NBC TV Show\\xa0Taste, and national\\xa0ACE Hardware\\xa0Commercials.\\nIn addition, Mr. Krone has authored\\xa0High Performance Homes \\u2013 Navigating the Green Road to Your Dream Home, a book for homeowner\\u2019s seeking to incorporate green technology into their home.\\nScott resides in Wilmette, IL, with his wife and three children."