About Belpointe
Our sponsor, Belpointe, LLC (“Belpointe”), was established in 2001 as a family office and investment firm. Over the years, Belpointe has expanded to over 13 lines of business, including a financial asset management firm with more than $5 billion in assets under management, legal services, insurance, real estate services, and more. Combined, the firm has over 200 professionals operating in offices across the country. Belpointe is headquartered in Greenwich, CT.
About Belpointe OZ
Belpointe PREP, LLC (“Belpointe OZ,” “we,” “us” or “our”) (NYSE American: OZ) is actively developing a portfolio of multifamily and mixed-use projects in strategically selected opportunity zone markets with long-term growth potential throughout the U.S. As a leading qualified opportunity fund (“QOF”), we currently own 15 assets. With one project in the lease-up phase, and another expected to begin leasing in 2025. We intend to continue to invest in our development pipeline, including by pursuing new development projects, pre-TCO (temporary certificate of occupancy) acquisitions, and stabilized asset acquisitions — a strategy unique to Belpointe OZ.
We are currently the only QOF to be listed on a national securities exchange (NYSE American: OZ) which means that our investors have multiple ways to buy our Class A units (directly from Belpointe OZ or in the market) as well as the ability to control when they sell our Class A units.
Eligible investors can defer recognition of capital gains (short-term or long-term) by reinvesting those gains into Belpointe OZ Class A units within 180 days of recognition. In addition, if held for 10 or more years up to 2047, investors can also elect to increase the tax basis of their Class A units and will pay zero federal tax on appreciation as well as eliminate depreciation recapture. Most states also conform to federal opportunity zone regulations, offering further state tax benefits.
Further, we are taxed as a publicly traded partnership and any taxable income generated from our portfolio can be offset by depreciation.
Contact Us
Call or email us if you have any questions.
Phone
203 883 1944
The information contained in this website is for illustrative, educational and informational purposes only and is subject to change. Nothing contained in this website is or should be construed as an offer to sell or the solicitation of an offer to buy any securities. Offers may only be made by means of a prospectus.
Belpointe PREP, LLC (“Belpointe OZ”) has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for the offer and sale of Class A units representing limited liability interests in Belpointe OZ. You should read Belpointe OZ’s most recent prospectus and the other documents that it has filed with the SEC for more complete information about Belpointe OZ and the offering.
Investing in Belpointe OZ’s Class A units involves a high degree of risk, including a complete loss of investment. Prior to making an investment decision, you should carefully consider Belpointe OZ’s investment objectives and strategy, risk factors, fees and expenses and any tax consequences that may results from an investment in Belpointe OZ’s Class A units. To view Belpointe OZ’s most recent prospectus containing this and other important information visit www.sec.gov. Alternatively, you may request Belpointe OZ send you the prospectus by calling (203) 883-1944 or emailing claidlaw@belpointe.com. Read the prospectus in its entirety before making an investment decision.
Neither Belpointe OZ nor any of its affiliates provide investment or tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Prospective investors should consult their own tax advisers concerning the U.S. federal, state and local income tax consequences, as well as any tax consequences under the laws of any other taxing jurisdiction, in relation to their personal tax circumstances, which may vary for prospective investors in different tax situations.
Past performance is not an indicator or a guarantee of future performance. The price of Belpointe OZ’s Class A units will fluctuate in market value and may trade above or below net asset value. Brokerage commissions and expenses will reduce returns.
©2024 Belpointe PREP, LLC. All rights reserved.