What are Opportunity Zones?
Reinvesting capital gains into qualified opportunity zone funds for growth and income and for short-term and long-term tax benefits
In collaboration with state and local governments, the U.S. Department of the Treasury has certified 8,700+ communities in all 50 states, the District of Columbia, and five U.S. territories as Opportunity Zones. Quoting the Treasury Department, nearly 35 million Americans live in areas designated as Opportunity Zones. These communities present both the need for investment and significant investment opportunities.