Monday, 7 October 2019

Here’s just how much the biggest Opportunity Zone projects stand to earn in tax benefits

President Trump’s signature accomplishment, his 2017 tax bill, contained a special sweetener for his peers in the real estate development community: the Opportunity Zone program. Investors and developers financing real estate deals could get major tax breaks on their capital gains for up to a decade if they funneled those earnings to projects and businesses in roughly 8,700 low income communities throughout the country in designated “opportunity zones.” According to the Trump administration, the incentives



source https://therealdeal.com/miami/issues_articles/the-opportunity-zone-payday/#new_tab

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