Belpointe PREP LLC (OZ)
AMEX AMEX Primary 
Belpointe PREP: Give Yourself A Tax Cut II
Roll big capital gains into a Qualified Opportunity Fund, or QOF, to defer taxes and potentially gain tax-exempt returns after a decade. Silicon Valley unicorn founders should leverage the Qualified Small Business Stock, or QSBS, exemption to minimize federal taxes, but beware of California's harsh tax policies. To avoid California taxes, relocate to a no-income-tax state well before selling your company and document your new residency thoroughly.
Belpointe PREP: Narrower Valuation Discount Makes Me More Cautious
Belpointe PREP offers diversification in the REIT sector, focusing on opportunity zones, but remains in an early growth phase with significant execution risks. The fund's shares trade at a discount to NAV, but the valuation gap has narrowed, making it less attractive for new investments currently. Belpointe PREP's project pipeline is substantial, yet current earnings and cash flow generation are limited, with significant reliance on future redevelopment success.
