Investing in Opportunity Zones
Opportunity Zones are a new community development program established by Congress as a part of the Tax Cuts and Jobs Act of 2017, and are designed to encourage long-term private investments in low-income communities. This program provides a federal tax incentive for taxpayers who reinvest unrealized capital gains into “Opportunity Funds,” which are specialized vehicles dedicated to investing in low-income areas called “Opportunity Zones.”
NAI Lachicotte are your local exports on Opportunity Zones and are here to discuss all of your commercial real estate needs.
Ready to discuss how Opportunity Zones can work for you?