Property owners in designated Opportunity Zones are now seeing their sales prices and asking prices spike since the tax incentive program was announced last year. Sales of development sites in the 8,700 designated zones across the country increased 80 percent in the first three quarters of 2018 year over year, according to the Wall Street Journal, citing data from Real Capital Analytics. Opportunity Zones was included in President Trump’s tax overhaul plan, designed to help […]
source https://therealdeal.com/miami/2018/10/23/developers-move-fast-to-buy-property-in-opportunity-zones/#new_tab
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