Opportunity Zones: A Tax Incentive for Existing Capital Gains Deferral

Investing in Opportunity Zones allows real estate investors to defer or eliminate short-term and/or long-term gains on the sale of real property, stocks or other investments.

The federal government included an important tax incentive provision for real estate investors, developers and professionals in the federal Tax Cuts and Jobs Act that was enacted in December 2017.

If you are looking to develop property this year, contact us to help you understand how to take advantage of this important financial incentive.  Look at the maps for an idea of the areas that qualify.