Real Estate and Blockchain technology

For over a year now we've been hearing about Opportunity Zones and Opportunity Funds if you're an investor or contemplating investing and haven't heard about them get on board. There are over 8,700 zones across the United States, territories and the District of Columbia. 863 of which are designated zones just in Puerto Rico alone that's 98% of the island.  Below is a small synopsis of the tax benefits to an investor investing in a Qualified Opportunity Zone. For example, if you sell any kind of security like stocks, real estate, etc and you invest your gains into a Qualified Opportunity Fund within 180 days of the gain these are the benefits. Please note you must make investments into the fund no later than December 31, 2019, to realize the full tax benefits of the fund .  Investment in the fund for 5 years there is a 10% deferral on your capital gain tax Investment in the fund for 7 years there is a 15% deferral on your capital gain Investment in the fund for 1

The new Real Estate investor buzzword these days is "opportunity zones". The frenzy is about the investor tax exemptions offered by investing in these zones. The US has already designated   8,700 zones across all the states, territories, and the District of Columbia. https://eig.org/news/opportunity-zones-map-comes-focus It is estimated that there is approximately 6 Trillion in unrealized gains . The benefits of the opportunity zones offer investors the opportunity to defer their capital gains for the next 5, 7, or 10 years. The break down goes as follows: Investors who invest in opportunity zones and wait 5 years will get a 10% deferral gains realized. If an investor waits 7 years to realize their gain, there is a 15% deferral. And if an investor is willing to hold our for 10 years there is a 100% exemption on all the gains. Now, this is where Puerto Rico's opportunity zone sets itself apart from the other 8,700 opportunity zones out there. Act 74  The T

The year of 2018 came in strong! Bitcoin peaked out at 20k, and everyone was fired up! This was the year we were going to launch our tokenized Real estate investment fund. So we set off around the world attending conferences and gathering as much information and contacts as we could.  One of the first Conferences we attended last year was the North American Bitcoin Conference in Miami, Florida. This was the first Bitcoin conference we had been too! Two days packed full of information. We were wooed and wowed by all the potential we saw. It was a trillion dollars sales pitch on the amount of equity out there, and everyone's dream was possible. It almost felt like a religious rally for bitcoiners, and we were fired up! The security token market appeared to be taking off, and the air was thick with optimism and promise. When we came back, we began feverishly working, following up with connections and organizing our plan and approach. We spent several months working o

Over the last 20 years, we have seen the Real Estate industry evolve. In 1998 I received my Real Estate license and studied from Gurus of the time like Carlton sheets with his no money down methods. To this day, many of those methods are still applicable. Being an investor has helped me as a realtor. Most Realtors I know are also investors. It just goes with the job description. After all, we are in sales, and most Realtors are there own best customer. Through the years, we have helped hundreds of homeowners and investors buy and sell properties. We have survived the inflationary cycles and have learned to adjust to the cyclical market conditions. Many seasoned Realtors will recall the recession, which started in 2008 and peaked in 2010. As a result of this bubble, cryptocurrencies were born. Here we were in 2019, Cryptocurrencies are a new asset class, and Real Estate has fully recovered and completed another inflationary cycle. As a Realtor, we have seen, over the last few ye

Puerto Rico law does not prohibit or restrict a foreign person from purchasing real estate in Puerto Rico. Under Puerto Rico law, the title is referred to as fee simple and can be by a purchase and sale, gift, inheritance, exchange or by adverse possession just as the United States does. Fee simple entitles the owner to sell, transfer, mortgage, encumber, lease and/or use the property, subject to zoning regulations and recorded easements, covenants and other liens and encumbrances. Fee simple title can be acquired by a private contract between the transferor and transferee. However, if the parties wish for the transfer of title to affect third parties, the title must be transferred by a public deed executed before a notary public in PR. A certified copy of this deed is then recorded  at the Registry of Property of Puerto Rico (the “Registry.”) Parties to a real estate transaction must pay stamps and recording costs upon the execution of a deed which is to be filed in the Registry,

Tokenization, when applied tо Real Estate, is thе рrосеѕѕ of acquiring real estate via the offering of digitized shares or membership interests, encoded in units and issued through customizable contacts that are distributed as tokens. To simplify this соnсерt, we can say that we uѕе tоkеnizаtiоn аѕ a method tо turn rightѕ of аn asset intо a digitаl tоkеn. These tokens can be stored in ethereum wallets, like myetherwallet, Trezor or ledger wallets, which allow for portability and ability to exchange with others for value. Through the tokenizing оf assets, wе hаvе a digitаl rерrеѕеntаtiоn оf a real-world аѕѕеt on a blockchain. To tоkеnizе a рrореrtу iѕ bаѕiсаllу gеnеrаting a token through a Smart Cоntrасt and givеѕ that token a value corresponding to a real world asset, such as Real Estate. Whаt iѕ important to the token creator, iѕ hоw you will manage thе tоkеnizеd рrореrtу and how investors will beneifit? Is the offering an Equity offering or a Debt based offering? Aѕ in the cas