NYS Attorney General Letitia James
$1.5 Million Dollar Investment
Moderator: Thomas Lopez-Pierre - Harlem Real Estate Fund, LLC.
Beady B. Waddell, III, JD, MBA - New York Life Insurance Company.
Beatrice Sibbles - BOS Development, LLC.
Clem G. Turner, Esq. - Chiesa Shahinian & Giantomasi, PC.
Garry Anthony Johnson, AIA - Johnson Design Consulting, Inc.
Tobayi Howton, CPA - T. Howton & Co. Inc.
Washington Post: White families have nearly 10 times the net worth of black families. And the gap is growing.
In 2020, Thomas Lopez-Pierre, the Managing Member of The Harlem Real Estate Fund, LLC plans to raise $50 MILLION DOLLARS exclusively from Black and Hispanic investors to launch an Opportunity Zone Fund to finance multi-family housing being developed by Black and Hispanic real estate developers in New York, New Jersey and Connecticut.
Watch the "$1.5 Million Dollar Investment" video to learn more about this investment opportunity.
This clip is from the dinner scene of the 1974 Movie entitled Trick Baby in which the privileged White people speak about promoting the more intelligent Black people as to prevent them from leading their own people out of oppression. This same tactic has been perfected over the years leading into today's Corporate America.
Video Invitation by Thomas Lopez-Pierre
The Harlem Real Estate Fund, LLC (the "Fund") was founded in 2014 by Thomas Lopez-Pierre, a NYS Licensed Real Estate Broker and Affordable Housing Activist, as a boutique Black and Hispanic-owned private equity real estate fund.
The Fund has developed a pipeline of actionable opportunities, driven by its network of experienced Black and Hispanic operating partners to minimize risk and improve execution.
Thomas Lopez-Pierre strongly believes that by rooting the ownership of real estate in the Black and Hispanic community broadly in the hands of Black and Hispanic people, it helps to defend, Black and Hispanic tenants from being exploited and displaced.
Thomas Lopez-Pierre is committed to increasing Black and Hispanic ownership of multi-family housing in New York, New Jersey and Connecticut.
***All Are Welcome To Attend***
No Door Sales/No Refunds/Credit Only
Sponsorship opportunities are reserved for Black and Hispanic firms (promote your products/services at the forum) at $2,500 rate, contact Thomas Lopez-Pierre at email@example.com.
The first 20 persons to buy tickets will be given a FREE copy of The Black Tax: The Cost of being Black in America, Shawn Rochester.
NOTE: The event will be photographed, recorded, streamed online, or otherwise publicized at the producer’s discretion. Your attendance at the event signifies your permission to utilize your image or likeness in connection with any live, recorded transmission, marketing or reproduction of such event in perpetuity. No limitations or restrictions apply.
The 2017 Tax Cuts and Jobs Act offers tax incentives for investors who deploy equity capital into business and real estate projects in low-income communities. These incentives can significantly reduce, or in some cases, eliminate Capital Gains.
A total of 8,762 census tracts across the country have been designated as OZs. That includes 514 in New York State of which 306 are located in New York City.
DEFERRAL OF CAPITAL GAINS: Any Capital Gains can be invested into an OZ Fund. By investing in an OZ Fund, the invested Capital Gains do not need to be recognized when the investment is sold or exchanged or until 12/31/26.
In addition, attendees of The Black and Hispanic Real Estate Investment Forum will have the opportunity to hear from Special Guest Speaker: Shawn D. Rochester, Author of The Black Tax.
In his new book The Black Tax: The Cost of being Black in America, Shawn Rochester shows how The Black Tax (which is the financial cost of conscious and unconscious anti-black discrimination), creates a massive financial burden on Black American households that dramatically reduces their ability to leave a substantial legacy for future generations (source: blacktaxed.com).
The mission of the The Black and Hispanic Real Estate Investment Forum is to help increase economic activity (investment and employment opportunities) in Black and Hispanic communities by connecting Black and Hispanic Real Estate Developers with Black and Hispanic Investors and Black and Hispanic Service Providers (Lawyers, Real Estate Brokers, Mortgage Bankers, Building and Construction Contractors, etc.) in New York, New Jersey and Connecticut.
REDUCTION OF CAPITAL GAINS: After holding an investment in an OZ Fund for seven years, the Capital Gains tax on the original Capital Gains is reduced by 15%. This is the equivalent of having a 15% step-up in basis on the initial investment.
NO CAPITAL GAINS TAX ON FUND PROFITS: After holding an investment in an OZ Fund for at least ten years, an investor’s disposition of an investment in an OZ Fund does not result in any additional federal income taxes.
What Opportunity Zones (OZ)?
IMPORTANT TICKET INFORMATION
Buy early bird tickets at $150 (Sale ends: September 30, 2019).
Starting October 1, 2019 - Ticket prices will increase to $250 per person.
Black and Hispanic Real Estate Investment Forum - June 18, 2019
"Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek," Barack Obama.
CBS News - Alleged Brooklyn Slumlords.
$1.5 Million Dollar Investment Opportunity
(To invest, contact Thomas Lopez-Pierre at firstname.lastname@example.org)
On April 19, 2019, the Fund agreeed to raise One Million and Five Hundred Thousand Dollars ($1,500,000.00) on behalf of a NYC Black real estate developer.
We are "Testing the Waters" by inviting Black and Hispanic people interested in receiving information on investing with Black and Hispanic real estate developers.
Black and Hispanic Real Estate Investment Forum
IRS Opportunity Zones: How Can Black And Hispanic Real Estate Investors Profit?
Tuesday, October 29, 2019
(6:30pm to 8:30pm)
New York, NY 10038
Why have Black professionals FAILED to Invest in businesses and real estate in Black communities in America?