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Four Reasons to Tap Opportunity Zones Before They Expire

Picture of Blake Backer
Opportunity zones, created by the 2017 Tax Cuts and Jobs Act, aim to boost economic development in distressed areas while offering significant tax incentives to investors. With provisions set to expire in 2026, there is urgency for investors to act now to benefit from tax deferrals and potential tax-free gains on investments held for at least ten years. Investing in Qualified Opportunity Funds (QOFs) allows for these tax advantages, and the impact of such investments has been substantial in revitalizing communities. Despite the looming expiration, QOFs remain a compelling option for tax planning, real estate diversification strategy and positive community impact.
 
 
 
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