Implied Incremental IRR — Network — Epstein Files

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Implied Incremental IRR — Network — Epstein Files

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Implied Incremental IRR

Q02

High-Tax State

NY State

Capital Available for Investment

QOZ

IRR

Post-Tax Profit on Original Realized Investment

No-Tax State

Implied Tax Benefit

State

Federal Ordinary Income Tax 2019.2029

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