{"id":18853,"date":"2021-07-13T12:42:07","date_gmt":"2021-07-13T12:42:07","guid":{"rendered":"https:\/\/saj.pachecostudios.com?p=18853"},"modified":"2021-07-13T12:42:09","modified_gmt":"2021-07-13T12:42:09","slug":"grass-opportunity-zone-fund-acquires-tiger-field-in-nevada-expands-investment-in-aviation","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/state-news\/neveda\/grass-opportunity-zone-fund-acquires-tiger-field-in-nevada-expands-investment-in-aviation\/%20","title":{"rendered":"GRASS\u2122 Opportunity Zone Fund Acquires Tiger Field in Nevada, Expands Investment in Aviation"},"content":{"rendered":"\n<p>Growth Resources, Assets, Safety, &amp; Stability\n(\u201cGRASS\u2122\u201d)\u2014a qualified opportunity zone fund focused on applying cutting-edge\ntechnology to complex compliance processes, has announced the acquisition of\nTiger Field airport in Lyon County, Nevada. The acquisition adds to GRASS\u2122\u2019s\ninvestments in aviation technology and aircraft hangar development. Tiger Field\nwas a public use airport owned by the U.S. Bureau of Land Management and\nlocated three miles south of the central business district of Fernley, Nevada.\nGRASS\u2122 intends to develop the airfield by improving the existing airport,\ncreating state-of-the-art aircraft hangars and develop one of the first drone\ncenters in Lyon County Nevada.&nbsp; <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"168\" src=\"\/wp-content\/uploads\/thumbnail_12308_TF.jpg\" alt=\"\" class=\"wp-image-18855\"\/><\/figure><\/div>\n\n\n\n<p>Other aviation investments in the fund focus on innovators in\ngovernment and the private sector who are replicating and scaling aviation\nbusinesses in current and additional Opportunity Zones including SAMSARG, Inc.\nand General Aviation (GA) Hangars.&nbsp; <\/p>\n\n\n\n<p>SAMSARG secures high-tech hangar facilities that require focused\nspecifications to service transport and cargo aircraft, including security\nsystem installation, additional maintenance and complex compliance\ndocumentation. Private aviation was on the rise before COVID-19 and is expected\nto continue. <\/p>\n\n\n\n<p>GA Hangers offers new construction of advanced aircraft\nhangars adjacent to SAMSARG military (Department of Defense compliant)\nfacilities within the Opportunity Zone. New constructions are designed to\nattract, corporate and wealthy clients. GA Hangars offers new construction to\nserve TRIC corporations\u2019 travel needs while offering a short trip between\nNevada\u2019s TRIC and Silver Springs Regional Airport (as opposed to Reno\nInternational). GA Hangars also provides tailored service, maintenance, and\nother high-margin services. <\/p>\n\n\n\n<p>GRASS launched their Reg A+ funding round earlier this month\non June 15, 2021. While most Opportunity Zone and other tax-deferred\ninvestments are reserved for the very wealthy, GRASS\u2122 is open to investors of\nall income and experience levels. <\/p>\n\n\n\n<p>GRASS\u2122 offers major tax benefits to investors because it is\nboth a Qualified Opportunity Zone Fund (\u201cQOZF\u201d) as well as an IRS designated\nQualified Small Business Stock (\u201cQSBS\u201d). The minimum investment is $1,000.\nGRASS\u2122 invests in two areas: blockchain-based SaaS for regulatory compliance,\nand aviation innovations in government and the private sector. <\/p>\n\n\n\n<p>Investor considerations for GRASS\u2122 <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>GRASS\u2122 is a diversified high-growth opportunity\nzone fund focused on aviation and compliance-SaaS. <\/li><li>A Qualified Small Business Stock (QSBS)*: every\ninvestor that holds the fund for 5 years + 1 day can receive 10 times their\ncost basis + their original investment back TAX-FREE every year going forward,\nup to a maximum of $10 million in tax-free gains through IRC 1202. <\/li><li>Opportunity Zone Fund Qualification allows the\ntransfer, deferral, or elimination of capital gains taxes. <\/li><li>No general or limited partners\u2014just\nshareholders. <\/li><li>No carried interest to pay fund managers at the\nexpense of regular shareholders. <\/li><li>Profits aren\u2019t used to reward insiders\u2014they are\nreinvested back into the business. <\/li><\/ul>\n\n\n\n<p>For more information about GRASS\u2122 including how to invest,\nplease visit https:\/\/www.qozfusa.com\/why-grass\/.&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growth Resources, Assets, Safety, &amp; Stability (\u201cGRASS\u2122\u201d)\u2014a qualified opportunity zone fund focused on applying cutting-edge technology to complex compliance processes, has announced the acquisition of Tiger Field airport in Lyon County, Nevada. The acquisition adds to GRASS\u2122\u2019s investments in aviation technology and aircraft hangar development. Tiger Field was a public use airport owned by the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":18854,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-18853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-neveda"],"jetpack_featured_media_url":"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/IMG_4859edit.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=18853"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18853\/revisions"}],"predecessor-version":[{"id":18856,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18853\/revisions\/18856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media\/18854"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=18853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=18853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=18853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}