I have some realized long term capital gain and trying to save/defer some of the gain taxes this year. I am planning to retire in 5 years and thought opportunity zone may be a good option. Any opinion or any alternatives ? I looked at Caliber, anyone has any suggestions on this?
Since your gains are already long term, there’s less benefit from the OZ deferral. And OZ investments carry significant principal risk. If you’re 5 years from retirement and counting on this money I would not risk it.