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August 1, 2018


By: Kevin Matz

The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision that is intended to promote investment in economically distressed communities, referred to as “Opportunity Zones.” Through this program, investors can achieve three significant tax benefits. Investors wishing to utilize this newly enacted opportunity zone program must timely reinvest their gain in a Qualified Opportunity Fund within 180 days following the disposition of the property giving rise to such gain.

To learn more, read our article on TaxStringer.