We are the central hub for the Opportunity Zone program and community. Want to learn about the new Opportunity Zones program? You came to the right place. On our website you will find valuable resources, articles and service providers to help you maximize the impact you can have through this revolutionary program.
On December 22nd, 2017 an exciting new tax incentive program was enacted to unlock 6 trillion dollars in unrealized capital gains and promote investments in certain economically distressed communities known as Opportunity Zones.
If you have invested in stocks, real estate or other assets that have appreciated in value, historically you cannot sell those assets without paying huge taxes. Now, by investing in a qualified opportunity fund you can sell your appreciated asset and temporarily defer your original capital gain until 2026. You’ll also be able to reduce your capital gains taxes through a 10-15% step up basis if held for 5 or 7 years respectively and have the ability to permanently exclude capital gains from the appreciation yielded from your investment in the qualified opportunity fund if held for 10 years.