What is an Opportunity Zone?

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We have had several interesting posts about Opportunity Zones and their game-changing potential for areas all across the country.  Put simply an Opportunity Zone is an economically-distressed community where new investments, under certain conditions, are eligible for preferential tax treatment.  They were created by Tax Cuts and Jobs Act in December, 2017.   Today’s infographic from Heffler, Radetich & Saitta calls them  a new avenue for community investment that looks to spark economic recovery in targeted areas of the country, taking aim at $6.5 trillion in unrealized capital gains estimated to be in the market.  Indeed, so now you know…..Happy Friday!!!!

Hat tip to Heffler, Radetich & Saitta.

 

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Director of Education & Outreach, National Real Estate Investors Association

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