February 3, 2017

“We are starting to run, but the gun hasn’t fired:” Investors dash into Miami Opportunity Zones

Enacted as part of the December 2017 tax overhaul plan, Opportunity Zones began catching the eye of savvy investors last summer, who were eager to get in on a program that provides incentives for new investment in low-income areas. The program allows developers and property owners to defer and possibly forgo paying some of their capital gains taxes, or taxes resulting from the sale of certain assets.
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