One of the most important — and most misunderstood — features of Opportunity Zone investing is gain recognition: the point at which the deferred original gain you postponed comes due and is taxed. Many investors focus on the benefits (deferral and the 10-year exclusion) but overlook that the deferral is temporary — the original gain is recognized at a set date, and you'll owe the tax then. For the original program (OZ 1.0), that date is the fixed December 31, 2026 deadline, which is now imminent. For investments under the 2025 OZ 2.0 framework, recognition is a rolling 5 years from the investment date. Planning for the recognition — having the liquidity to pay the tax — is essential to a smooth OZ experience. This guide covers when deferred gain is recognized, the original 2026 deadline, the legislative updates to watch, planning around recognition, and verifying the current rules. Note that the OZ rules are time-sensitive and evolving — verify the current law with your tax advisor; this is educational information, not tax advice.
When deferred gain is recognized
Gain recognition is the point at which your deferred original gain is recognized (taxed) — the deferral ends and the tax comes due. When you invested your capital gain in a QOF, you deferred the tax on that original gain; but the deferral is temporary, not permanent, for the original gain. At the recognition date, that deferred gain is included in your income and taxed (at the applicable capital-gains rate). So recognition is when you finally pay the tax you postponed on the original gain.
The timing of recognition depends on the program version: under OZ 1.0, the deferred gain is recognized on a fixed date (December 31, 2026); under OZ 2.0 (for post-2026 investments), it's a rolling 5 years from the investment date. Recognition can also be triggered earlier by an inclusion event (such as selling your QOF interest or certain transfers). So the recognition date is when the deferred original gain becomes taxable, set by the program version or an earlier inclusion event.
So gain recognition is when your deferred original gain is taxed — the temporary deferral ending. When deferred gain is recognized — the point at which the deferred original gain is included in income and taxed (the temporary deferral ending), timed by the program version (fixed December 31, 2026 for OZ 1.0, rolling 5 years for OZ 2.0) or an earlier inclusion event — is a key feature of OZ investing. The deferral isn't permanent for the original gain. Understanding it frames the recognition picture. Gain recognition is when your deferred original gain is taxed (the deferral ending), timed by the program version (December 31, 2026 for OZ 1.0, rolling 5 years for OZ 2.0) or an earlier inclusion event.
The original 2026 deadline
For investments under the original program (OZ 1.0), the deferred gain is recognized on a fixed date: December 31, 2026. This means all OZ 1.0 investors recognize (and pay tax on) their deferred original gain at the end of 2026, regardless of when they made the investment — so the tax is reported for the 2026 tax year (and paid when you file your 2026 return). This fixed date is now imminent from a mid-2026 vantage point.
The December 31, 2026 deadline was built into the original 2017 legislation as the endpoint of the deferral period for OZ 1.0 investments. It applies broadly to those investments — an investor who deferred a gain in 2019, 2021, or 2023 under OZ 1.0 all recognize that gain at the end of 2026. So OZ 1.0 investors should be planning now for this near-term recognition and the associated tax bill on the original gain.
So the original 2026 deadline is the fixed December 31, 2026 recognition date for OZ 1.0 investments — now imminent. The original 2026 deadline — the fixed December 31, 2026 recognition date for OZ 1.0 investments, when all such investors recognize and pay tax on their deferred original gain (for the 2026 tax year), regardless of when they invested — is a near-term, important date built into the original program. It's imminent for OZ 1.0 investors. Understanding it shows the key OZ 1.0 deadline. For OZ 1.0 investments, the deferred original gain is recognized on the fixed December 31, 2026 date (taxed for the 2026 year), regardless of when you invested — an imminent deadline to plan for.
The deferral was always temporary for the original gain: for OZ 1.0 investors, December 31, 2026 is the day the postponed tax bill finally comes due.
Legislative updates to watch
The Opportunity Zone program changed significantly with the 2025 legislation, and the recognition rules differ by program version as a result. The 2025 One Big Beautiful Bill Act (OZ 2.0), signed July 4, 2025, made the OZ program permanent and changed the deferral mechanics for new investments — replacing the single fixed recognition date with a rolling 5-year deferral from the investment date for post-2026 investments. So which recognition rule applies depends on whether your investment falls under OZ 1.0 or OZ 2.0.
Other updates to watch include the new zone map (effective January 1, 2027, with the current map running through the end of 2028) and the ongoing regulatory implementation of the OZ 2.0 rules (which may clarify or refine the recognition mechanics over time). Because the program is newly permanent and still being implemented, the rules around recognition (and the transition between OZ 1.0 and OZ 2.0) are an area to monitor closely.
So the legislative updates — OZ 2.0's permanence and rolling 5-year recognition, the new zone map, and ongoing implementation — are key to watch. Legislative updates to watch — the 2025 OZ 2.0 law making the program permanent and introducing a rolling 5-year recognition for post-2026 investments (versus OZ 1.0's fixed December 31, 2026 date), plus the new zone map (effective January 1, 2027) and ongoing regulatory implementation — shape the recognition rules. Which rule applies depends on the program version. Understanding the updates shows what to monitor. The 2025 OZ 2.0 law made the program permanent and set a rolling 5-year recognition for post-2026 investments (versus OZ 1.0's fixed December 31, 2026 date); monitor it and the ongoing implementation.
Planning around recognition
Planning around the recognition date is essential, because you'll owe tax on the deferred original gain when it's recognized — and you'll need the liquidity to pay it. For OZ 1.0 investors, the December 31, 2026 recognition means a tax bill for the 2026 year on the deferred original gain; since the QOF investment itself is typically illiquid (you can't easily sell it to raise the cash, especially before the 10-year mark), you should plan to pay the tax from other resources.
Good planning includes estimating the tax due at recognition (the deferred gain times the applicable rate), arranging the liquidity to pay it (from other assets, income, or set-aside funds), and coordinating the timing with your CPA (including any estimated-tax considerations). For OZ 2.0 investors, the same principle applies to the rolling 5-year recognition date — plan for the tax bill at the individualized recognition date. So anticipating and funding the recognition tax is the core of the planning.
So planning around recognition means estimating the tax, arranging liquidity, and coordinating timing with your CPA. Planning around recognition — estimating the tax due on the deferred gain at the recognition date, arranging the liquidity to pay it (since the illiquid QOF can't easily be sold for cash), and coordinating the timing and estimated-tax considerations with your CPA — is essential to a smooth OZ experience. The tax comes due; plan for it. Understanding it shows the planning priorities. Plan around recognition by estimating the tax on the deferred gain, arranging liquidity to pay it (the QOF being illiquid), and coordinating timing with your CPA — so the recognition-date tax bill is funded and smooth.
- Gain recognition is when your deferred original gain is taxed — the deferral is temporary for the original gain.
- For OZ 1.0 investments, recognition is the fixed December 31, 2026 date (taxed for the 2026 year), regardless of when you invested.
- For OZ 2.0 (post-2026) investments, recognition is a rolling 5 years from the investment date; inclusion events can trigger it earlier.
- Plan for the recognition-date tax bill — estimate the tax, arrange liquidity (the QOF is illiquid), and coordinate with your CPA; verify the current rules.
Inclusion events that accelerate recognition
Beyond the scheduled recognition date, certain inclusion events can accelerate recognition of the deferred gain. An inclusion event is a transaction or occurrence that triggers recognition of some or all of the deferred gain before the normal recognition date — most commonly, selling or otherwise disposing of your QOF interest, but also certain transfers, distributions, or other events defined by the rules. So if you sell your QOF interest early (before the recognition date), you generally recognize the deferred gain at that point.
This matters for planning: an early exit or certain transfers can pull the recognition (and the tax) forward, so you should understand which events are inclusion events before taking such actions. Some transfers (such as at death, generally) are not inclusion events that accelerate recognition during life, while others (such as lifetime gifts) generally are — the distinctions are technical. So the inclusion-event rules determine whether an action accelerates your deferred-gain tax.
So inclusion events can accelerate recognition, so understand them before acting. Inclusion events that accelerate recognition — transactions or occurrences (most commonly selling your QOF interest, plus certain transfers or distributions) that trigger recognition of the deferred gain before the normal recognition date, with technical distinctions about which events qualify — can pull your deferred-gain tax forward. Understand them before acting. Understanding them shows how recognition can be accelerated. Inclusion events (commonly selling your QOF interest, plus certain transfers) can accelerate recognition of the deferred gain before the scheduled date — understand which events trigger it before acting, as the distinctions are technical.
Verifying the current rules
Because the recognition rules differ by program version and the program is newly permanent and still being implemented, verifying the current rules is essential. The recognition mechanics — the fixed December 31, 2026 date for OZ 1.0, the rolling 5-year date for OZ 2.0, and the inclusion-event rules — are technical and have been changed by the 2025 legislation, so relying on outdated information is risky. So confirm the current rules before relying on them.
Verify by consulting authoritative sources (the IRS OZ guidance and the underlying law) and, crucially, working with your CPA, who applies the current recognition rules to your specific investment and tax situation. Because Baker 1031 does not provide tax advice, your CPA is the right professional to confirm your recognition date, calculate the tax, and plan for it. The rules are evolving, so verification at the time you plan is important.
So verifying the current rules — via authoritative sources and your CPA — is essential, given the evolving recognition mechanics. Verifying the current rules — confirming the recognition mechanics (the fixed OZ 1.0 date, the rolling OZ 2.0 date, the inclusion-event rules) via authoritative sources and your CPA, rather than outdated information, given the program's recent changes and ongoing implementation — is essential before relying on them. The rules are evolving. Understanding the need to verify shows how to stay accurate. Verify the current recognition rules via authoritative sources and your CPA (who confirms your recognition date and plans the tax), since the rules differ by program version and are evolving — don't rely on outdated information.
With two recognition regimes now in play and the regulations still settling, the single most important step is simple: confirm your recognition date with your CPA before you plan around it.
How Baker 1031 helps you plan for recognition
Baker 1031 Investments helps investors understand Opportunity Zone gain recognition — when the deferred original gain is recognized (the fixed December 31, 2026 date for OZ 1.0, the rolling 5-year date for OZ 2.0), the inclusion events that can accelerate it, and the importance of planning for the recognition-date tax — so you can anticipate the tax, arrange liquidity, and avoid surprises.
QOF interests and related securities are offered through the broker-dealer, Aurora Securities, Inc. (member FINRA/SIPC), and any recommendation follows a suitability review (typically for accredited investors). We help you understand the recognition feature as part of evaluating an OZ investment, and, if suitable, access funds. We do not provide tax advice: your CPA confirms your recognition date, calculates the deferred-gain tax, and plans for it (the liquidity, the timing, the estimated taxes), because these are technical and time-sensitive. Our role is to help you understand that the deferral is temporary for the original gain, that recognition brings a tax bill, and that planning for it is essential — coordinating with your CPA and emphasizing that you verify the current rules. The recognition date is a crucial, sometimes-overlooked OZ feature, and we help you understand and plan for it, so the deferral ends smoothly with the tax anticipated and funded, not as a surprise.
Frequently Asked Questions
When is my deferred Opportunity Zone gain recognized?
It depends on the program version. For investments under the original program (OZ 1.0), the deferred original gain is recognized on a fixed date: December 31, 2026 — so you recognize and pay tax on it for the 2026 tax year, regardless of when you invested. For investments under OZ 2.0 (post-2026), the deferred gain is recognized a rolling 5 years from your investment date. Recognition can also be triggered earlier by an inclusion event (such as selling your QOF interest or certain transfers). So your recognition date is the fixed December 31, 2026 for OZ 1.0, the rolling 5-year date for OZ 2.0, or an earlier inclusion event. At that point, the deferred original gain is included in your income and taxed at the applicable capital-gains rate. So the deferral is temporary for the original gain — it comes due at the recognition date. Confirm your specific recognition date and the tax with your CPA, as the rules are technical and evolving.
What is the December 31, 2026 deadline?
The December 31, 2026 deadline is the fixed recognition date for deferred gains under the original Opportunity Zone program (OZ 1.0). It was built into the original 2017 legislation as the endpoint of the deferral period — so all OZ 1.0 investors recognize (and pay tax on) their deferred original gain at the end of 2026, for the 2026 tax year (paid when you file your 2026 return), regardless of when they made the investment. So an investor who deferred a gain in 2019, 2021, or 2023 under OZ 1.0 all recognize that gain at the end of 2026. From a mid-2026 vantage point, this date is imminent, so OZ 1.0 investors should be planning now for the near-term tax bill on their deferred original gain. So the December 31, 2026 deadline is when the OZ 1.0 deferral ends and the original-gain tax comes due. So plan for it with your CPA — the date is fixed and approaching for OZ 1.0 investments.
Does the deferred gain ever go away?
No — the deferral is temporary for the original gain; the deferred original gain is recognized and taxed at the recognition date. The OZ defers (postpones) the tax on your original gain, but it does not eliminate that original gain — you'll owe the tax on it when it's recognized (December 31, 2026 for OZ 1.0, or the rolling 5-year date for OZ 2.0). What the OZ can make tax-free is the new appreciation of the OZ investment (after a 10-year hold), not the original deferred gain. So the original gain doesn't go away — only the new appreciation can become tax-free. Even at death, the deferred gain generally doesn't disappear (it's income in respect of a decedent). So don't assume the deferred original gain vanishes; plan to pay the tax on it at recognition. So the deferral postpones, but doesn't eliminate, the original gain's tax. Confirm the timing and amount with your CPA, and plan for the recognition-date tax bill.
How does recognition work under OZ 2.0?
Under the 2025 OZ 2.0 framework (for investments made after 2026), the deferred gain is recognized on a rolling 5-year basis — 5 years from your investment date — rather than on the single fixed December 31, 2026 date that applies to OZ 1.0 investments. So each OZ 2.0 investment has its own individualized recognition date (5 years after you invest), and you'd recognize and pay the tax on the deferred original gain at that point (or earlier upon an inclusion event). This rolling structure replaced the original program's single endpoint as part of making the program permanent. So under OZ 2.0, plan for the deferred-gain tax at the 5-year mark from your investment. Because OZ 2.0 is new and the rules are being implemented, confirm the precise recognition mechanics with your CPA. So the key difference is OZ 2.0's rolling 5-year recognition versus OZ 1.0's fixed 2026 date. Verify the current rules, as the OZ 2.0 framework continues to be refined through regulation.
What is an inclusion event?
An inclusion event is a transaction or occurrence that triggers recognition of some or all of your deferred gain before the normal scheduled recognition date. The most common inclusion event is selling or otherwise disposing of your QOF interest, but certain transfers, distributions, and other events defined by the rules can also be inclusion events. So if you sell your QOF interest early (before the recognition date), you generally recognize the deferred gain at that point and owe the tax. This matters for planning: an early exit or certain transfers can pull the recognition (and tax) forward. Some transfers (such as at death, generally) are not inclusion events that accelerate recognition during life, while others (such as lifetime gifts) generally are. So understand which actions are inclusion events before taking them, as the distinctions are technical. So inclusion events can accelerate your deferred-gain tax — confirm with your CPA whether a planned action would trigger recognition before you act.
How do I plan for the recognition-date tax bill?
Estimate the tax due (the deferred gain times the applicable capital-gains rate), arrange the liquidity to pay it, and coordinate the timing with your CPA (including any estimated-tax considerations). Because the QOF investment is typically illiquid — you can't easily sell it to raise the cash, especially before the 10-year mark — plan to pay the recognition tax from other resources (other assets, income, or set-aside funds). For OZ 1.0 investors, the December 31, 2026 recognition means a tax bill for the 2026 year, so the planning is near-term. For OZ 2.0 investors, the same principle applies at the rolling 5-year date. So anticipating and funding the recognition tax is the core of the planning. So work with your CPA to estimate the tax, ensure you have the liquidity, and handle the timing and estimated taxes — so the deferral ends smoothly with the tax anticipated and funded, not a surprise that forces a distressed action.
Can I sell my QOF investment to pay the recognition tax?
Usually not easily — the QOF investment is typically illiquid, so you generally can't readily sell it to raise the cash to pay the recognition tax, especially before the 10-year mark. And selling the QOF interest would itself be an inclusion event that recognizes the deferred gain, so it wouldn't be a clean way to fund the tax. So you should plan to pay the recognition-date tax from other resources — other assets, income, or funds set aside for the purpose — rather than relying on selling the illiquid QOF. This is why liquidity planning is so important for the recognition date: the tax comes due, but the investment that generated the deferral can't easily be tapped to pay it. So arrange the liquidity in advance, separate from the QOF. So don't count on selling the QOF to pay the tax; plan for the recognition tax from other funds, coordinating with your CPA, so you're not forced into an early, possibly disadvantageous exit just to cover the bill.
Does recognizing the deferred gain affect my 10-year exclusion?
No — recognizing the deferred original gain at the recognition date is separate from the 10-year exclusion on the new appreciation. At recognition, you pay tax on the deferred original gain you postponed when investing; separately, if you hold the QOF investment at least 10 years, the appreciation on that investment can be excluded from tax (the 10-year exclusion). So recognizing the original gain doesn't reduce or eliminate your ability to get the 10-year exclusion on the appreciation — they're two different things. You can recognize and pay the original-gain tax at the recognition date and still go on to claim the tax-free exclusion on the appreciation at the 10-year mark. So the two benefits operate independently: the original gain is taxed at recognition, while the new appreciation can be tax-free after 10 years. So don't worry that paying the recognition tax forfeits the exclusion — it doesn't. Confirm the mechanics with your CPA, who coordinates both the recognition and the eventual exclusion election.
What rate is the recognized gain taxed at?
The recognized deferred gain is generally taxed at the applicable capital-gains rate that applies to that gain's character (typically the long-term capital-gains rate if the original gain was long-term), plus any applicable state tax and the net investment income tax, depending on your situation. So the recognition triggers capital-gains tax on the deferred original gain at recognition. The exact rate depends on your income, the gain's character, your state, and the rules in effect at recognition. Note that under OZ 1.0, certain basis step-ups that could have reduced the recognized gain (the 5-year and 7-year step-ups) have already closed, so OZ 1.0 investors generally recognize the full deferred gain (without those reductions). So the recognized gain is taxed at the applicable capital-gains rate(s) for your situation. So estimate the tax using your applicable rates, and confirm the precise figure with your CPA, who accounts for your income, state, and the current rules in calculating the recognition-date tax.
Did the 5-year and 7-year step-ups reduce the recognized gain?
Under the original OZ 1.0 program, holding the investment for 5 or 7 years before the recognition date would have provided a basis step-up (10% at 5 years, an additional 5% at 7 years) that reduced the amount of deferred gain recognized. However, those step-up windows have closed — because they required holding for 5 or 7 years before the December 31, 2026 recognition date, the deadlines to start the clock in time have passed. So OZ 1.0 investors recognizing their gain at the end of 2026 generally do not get those reductions and recognize the full deferred gain. Note that OZ 2.0 reintroduces step-up reductions for new investments under the permanent program. So the original 5-year and 7-year reductions are no longer available for OZ 1.0, while OZ 2.0 brings back a form of step-up for new investments. So OZ 1.0 investors should generally plan to recognize the full deferred gain. Confirm your specific situation and any available reductions with your CPA, as the rules differ by program version.
How does OZ 2.0's permanence change the recognition picture?
The 2025 OZ 2.0 legislation (signed July 4, 2025) made the OZ program permanent and replaced the single fixed recognition date with a rolling 5-year deferral for post-2026 investments. For the recognition picture, this means: OZ 1.0 investments still recognize on the fixed December 31, 2026 date, while new OZ 2.0 investments recognize 5 years after investing (an individualized, rolling date). So the recognition rule you follow depends on whether your investment is under OZ 1.0 or OZ 2.0. The permanence also means the program (and its recognition mechanics) will continue going forward, with a new zone map effective January 1, 2027 and ongoing regulatory implementation. So OZ 2.0 changed the recognition timing for new investments and made the program permanent, while leaving OZ 1.0's fixed 2026 date in place for existing investments. So know which program version applies to your investment, since it determines your recognition timing. Verify the current rules with your CPA, given the ongoing implementation.
Why is verifying the current rules so important here?
Because the recognition rules differ by program version and the program is newly permanent and still being implemented, so relying on outdated information is risky. The recognition mechanics — the fixed December 31, 2026 date for OZ 1.0, the rolling 5-year date for OZ 2.0, the inclusion-event rules, and the status of any step-up reductions — have been changed by the 2025 legislation and continue to be refined through regulation. So a rule or date you read about a few years ago may have changed. Verifying the current rules before you plan ensures you're working from accurate information about your recognition date and tax. So confirm the current rules via authoritative sources (the IRS guidance and the underlying law) and your CPA, who applies them to your situation. Because Baker 1031 doesn't provide tax advice, your CPA is the right professional to confirm your recognition date and plan the tax. So verify the current rules — especially given the recent overhaul — rather than assuming the older rules still apply.
What happens if I'm not prepared for the recognition tax?
If you're not prepared, the recognition-date tax can be an unwelcome surprise — you'll owe tax on the deferred original gain (for OZ 1.0, for the 2026 tax year), and without liquidity set aside, you might be forced to raise cash from other assets at a bad time, or even consider exiting the illiquid QOF early (which would itself be an inclusion event and may sacrifice the 10-year exclusion). So a lack of planning can lead to a cash crunch, a forced sale, or a disrupted OZ strategy. This is exactly why anticipating and funding the recognition tax is so important — the deferral was always temporary for the original gain, and the bill comes due. So prepare in advance: estimate the tax, set aside or arrange the liquidity, and coordinate with your CPA. So being unprepared can be costly and disruptive, while planning ahead makes the recognition a smooth, anticipated event. So don't let the recognition date catch you off guard — plan for the tax well before it arrives, with your CPA's help.
Is this OZ recognition information tax advice?
No — this is educational information, not tax advice. Opportunity Zone gain recognition involves technical, time-sensitive rules (the recognition dates, inclusion events, step-up status, and program-version differences) that depend on your specific investment and tax situation and on the current law, which is evolving. Baker 1031 does not provide tax or legal advice — your CPA confirms your recognition date, calculates the deferred-gain tax, and plans for it (the liquidity, timing, and estimated taxes), because these require your own professional. Any OZ fund recommendation is made through the broker-dealer, Aurora Securities, Inc. (member FINRA/SIPC), and follows a suitability review (typically for accredited investors). So treat this as general education to help you understand the recognition feature and ask the right questions, not as advice for your situation. So before planning around your recognition date, consult your CPA and verify the current rules. The right professional applies the current recognition rules to your specific circumstances and helps you plan for the tax.
How does Baker 1031 help me plan for recognition?
We help you understand Opportunity Zone gain recognition — when the deferred original gain is recognized (the fixed December 31, 2026 date for OZ 1.0, the rolling 5-year date for OZ 2.0), the inclusion events that can accelerate it, and the importance of planning for the recognition-date tax — so you can anticipate the tax, arrange liquidity, and avoid surprises. QOF interests and related securities are offered through the broker-dealer, Aurora Securities, Inc. (member FINRA/SIPC), and any recommendation follows a suitability review (typically for accredited investors). We help you understand the recognition feature as part of evaluating an OZ investment and, if suitable, access funds. We do not provide tax advice: your CPA confirms your recognition date, calculates the deferred-gain tax, and plans for it, because these are technical and time-sensitive. We help you understand that the deferral is temporary for the original gain and that planning for the recognition tax is essential, coordinating with your CPA and emphasizing that you verify the current rules.
Glossary
- Gain Recognition
- When the deferred original gain is taxed.
- Deferred Gain
- The original capital gain postponed via the OZ.
- Recognition Date
- The date the deferred gain becomes taxable.
- December 31, 2026
- OZ 1.0's fixed recognition date.
- Rolling 5-Year Deferral
- OZ 2.0's recognition timing (5 years from investing).
- Inclusion Event
- An event accelerating recognition (e.g., a sale).
- OZ 1.0
- The original 2017 program (fixed 2026 recognition).
- OZ 2.0
- The 2025 permanent program (rolling recognition).
- OBBBA
- The 2025 One Big Beautiful Bill Act creating OZ 2.0.
- 10-Year Exclusion
- Tax-free appreciation, separate from recognition.
- 5/7-Year Step-Ups
- OZ 1.0 basis reductions, now closed.
- Capital-Gains Rate
- The rate applied to the recognized gain.
- Liquidity Planning
- Arranging funds to pay the recognition tax.
- Estimated Taxes
- Payments that may apply to the recognized gain.
- Illiquidity
- The QOF's difficulty being sold to raise cash.
- Authoritative Sources
- IRS and the law, for verifying the rules.
Sources & References
- IRS. Opportunity Zones Frequently Asked Questions
- Cornell Legal Information Institute. 26 U.S. Code § 1400Z-2 — Special rules for capital gains invested in opportunity zones
- IRS. Opportunity Zones
- Economic Innovation Group. Opportunity Zones 2.0: Where Things Stand After the One Big Beautiful Bill Act
Disclosures
This article is published by Baker 1031 Investments, LLC for general educational purposes for accredited investors and is not an offer to sell or a solicitation of an offer to buy any security, nor is it tax, legal, accounting, or investment advice or a recommendation. Any securities offering is made solely through a sponsor’s private placement memorandum (PPM) following a suitability determination. Securities offered through Aurora Securities, Inc. (ASI), member FINRA / SIPC; Baker 1031 Investments is independent of ASI.
Oil & gas mineral and royalty interests and DST programs are speculative, illiquid securities sold only to verified accredited investors and involve substantial risk, including possible loss of principal, commodity-price and production-decline risk, lack of control, and the risk that an intended 1031 exchange fails to qualify for tax deferral. Whether a particular interest qualifies as like-kind real property is a fact-specific legal determination that varies by state and by the terms of the instrument. Tax results depend on your individual circumstances. Consult your own CPA and attorney before acting. Past performance does not guarantee future results.
