A program created by the Tax Cuts and Jobs Act of 2017 to incentivize investment in underserved communities. The program provides material tax benefits for investments made into designated Opportunity Zones.
How do I Know
if I Qualify to Invest?
You can invest using long or short term capital gains from any source including the sale of stocks, bonds, or property. These gains must be re-invested within 6 months of realization.
What are the
Benefits of Investing?
You can defer, reduce and even eliminate your capital gains taxes. The result is an ability to potentially double your after-tax profits compared to a typical portfolio.
Introduced by the Tax Cut and Jobs Act of 2017, "Opportunity Zones" ("O-Zones") are census tracts designated by federal and state governments based on their lower income demographics. The Program was created to incentivize investment within these communities by providing material tax benefits to U.S. investors who re-invest any form of capital gains into Opportunity Funds. To qualify, investments must target "substantial improvement", which generally means development or extensive repositioning of a property.