Monday, July 30, 2018

Opportunity Zones

The revision of the tax code in 2017 included a provision for the creation of Opportunity Zones.  This is a somewhat intricate scheme to allow investors to defer capital gains tax if they invest the capital gains into projects in Opportunity Zones.  The new investment also renders a tax-free capital gain upon exit.  The following chart is from the Forbes article linked below.


The following map shows the locations of the Opportunity Zones in North Florida.  The link below references the whole map of Florida


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