Created by the Tax Cuts and Jobs Act of 2017, the Opportunity Zone program offers federal tax incentives to investors who invest capital gains into low-income communities nationwide. Participating in this program allows investors to enjoy significant benefits including:
Tax Deferral – Defer taxes on invested capital gains until the end of 2026
Tax Reduction – Invested capital gains can get up to 15% step-up in basis
Tax Exclusion – Zero taxes on Opportunity Zone investments held for ten years
Services provided by Seminole Equity Partners – Investors
Opportunity Zones Program Resources
https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-new-opportunity-zone-tax-incentive
https://home.treasury.gov/news/featured-stories/treasury-releases-proposed-regulations-on-opportunity-zones-designed-to
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