599: The Investing “Cheat Code” of Opportunity Zone Rentals

<p><a href="https://www.biggerpockets.com/blog/opportunity-zones-tax-savings" rel="noopener noreferrer" target="_blank"><strong>Opportunity zone investing</strong></a> hasn’t always been around for real estate investors to take advantage of. But as the government began upping the incentives around this type of real estate investing, more <strong>tax-savvy investors started to pay attention</strong>. You may have heard of opportunity zones before, but you probably don’t know how much of a heavy hitter they are in the realm of<strong> tax reduction</strong>.</p><p>Someone who does know about opportunity zone investing is <strong>King Malaki Sims</strong>—CPA and avid real estate investor. He’s been buying and building homes in opportunity zones for years and makes the case that this type of investing truly is <strong>the best real estate “cheat code”</strong> out there. Through his simple strategy, Malaki has been able to not only <strong>defer taxes</strong> but in some cases, eliminate them entirely, just through simple,<strong> smart </strong><a href="https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide" rel="noopener noreferrer" target="_blank"><strong>real estate investing</strong></a>.</p><p>Malaki shares how even a novice real estate investor can <strong>find, fund, finish, and furnish an opportunity zone rental property</strong> all while keeping Uncle Sam away from their hard-earned profits. If you want to build wealth without having to worry about <a href="https://www.biggerpockets.com/blog/1031-exchange" rel="noopener noreferrer" target="_blank">1031</a>-ing your properties, Malaki is the man to listen to.</p><p><strong>In This Episode We Cover:</strong></p><p><strong>Opportunity zones explained </strong>and how new investors can start investing in them</p><p><strong>Where to find opportunity zones </strong>in your local area (no matter where you live!)</p><p>Funding opportunity zone investments with <strong>little to </strong><a href="https://www.biggerpockets.com/blog/real