EPISODE · Feb 23, 2024 · 29 MIN
Sam Zell's Wisdom Guides a Man's Plan for Rural Communities' Growth
from Where Landowners Get Their News · host American Farmland Owner with Dave Price
John Heneghan, President of Last Leaf Ventures, LLC, draws on the influence of his family's accounting background and the lessons learned from billionaire real estate investor Sam Zell. Through the Promised Land Opportunity Zone Fund, Heneghan aims to address the economic challenges faced by rural America, particularly in farmland ownership. The Opportunity Zones, created by the 2017 Tax Cuts and Jobs Act, offer tax benefits to investors and play a pivotal role in preserving farmland and enhancing economic potential. Heneghan discusses how he sees technology as crucial for the future success of farmland and how investor involvement can contribute to ease of capital improvements. His vision involves leveraging these strategies to feed a growing population and foster economic development in rural areas.
What this episode covers
John Heneghan, President of Last Leaf Ventures, LLC, draws on the influence of his family's accounting background and the lessons learned from billionaire real estate investor Sam Zell. Through the Promised Land Opportunity Zone Fund, Heneghan aims to address the economic challenges faced by rural America, particularly in farmland ownership. The Opportunity Zones, created by the 2017 Tax Cuts and Jobs Act, offer tax benefits to investors and play a pivotal role in preserving farmland and enhancing economic potential. Heneghan discusses how he sees technology as crucial for the future success of farmland and how investor involvement can contribute to ease of capital improvements. His vision involves leveraging these strategies to feed a growing population and foster economic development in rural areas.
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Sam Zell's Wisdom Guides a Man's Plan for Rural Communities' Growth
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