Commercial Real Estate Pro Network

BIGGEST RISK with Ashley Tison

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Sinopse

J Darrin Gross I'd like to ask you, Ashley Tison, what is the BIGGEST RISK?   Ashley Tison Well, in the context of what we do, the BIGGEST RISK is audit. Right? So inside of Opportunity Zones, right, that's the, that's the thing that would unwind your deal. So all of these plans that you've made, if you can't survive an audit, then you're going to do it all for naught. And so in stepping into that, there's a number of ways that you do you try to avoid the risk, you try to mitigate it. And then you know, ultimately, we're, we're actually and we need to talk with you about this, we're working on an insurance product or exactly that, that will cover audit, actually covering the price of the audit, and then that will ultimately cover any kind of indemnity for will have an indemnity threshold, but it will cover up to an amount that the IRS said that you were incorrect on. And, you know, the easiest way is, like I said before, is to just have a really solid and organized audit trail that reads like a book. And that