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San Francisco Chronicle

The San Francisco Chronicle quoted Tax Principal Michael D’Addio in an article about investing in tax-advantaged opportunity zone funds.

Featured: Michael D'Addio, Principal, Tax & Business Services

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The fund itself must meet complicated rules and deadlines for investing the money. “These rules are nuts, they’re crazy,” said Michael D'Addio, a principal with the accounting firm Marcum... If the fund buys empty land, “there is no requirement to improve it,” D’Addio said. However, it must be used in a trade or business. It can’t be held purely for investment, but it’s unclear how much development is required.

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Michael D'Addio, Principal, Tax & Business

Principal
Tax & Business
New Haven, CT
 
 
 
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