The "new buzz word" OPPORTUNITY ZONES

Jun 20, 2019 DJ Smith
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What does that even mean? How does this affect me? What does that mean for our local real estate? Simply stated, its an opportunity quickly passing many people by. Let us start with the basics, Opportunity Zones and Funds were created from the historic 2017 TAX Act with one of the most significant incentives expiring by the end of 2019. The Opportunity incentive contained two critical parts, identification of applicable zones, and the creation of a fund fueled by tax deductions.

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