Jun 12, 2019

What are the Capital Gains Tax Benefits of Opportunity Zones?

Investing in an Opportunity Zone can significantly reduce an investor’s capital gains tax liability, which is important if the investor owns one or more assets that they plan to sell in the near future. Capital gains tax is the tax charged on profits that are made when an investor sells an asset, such as a piece of real estate, stock in company, or an expensive collectable.