• Opportunity Zones

    What Are Opportunity Zones?

    Thanks to the 2017 Tax Cuts and Jobs Act that was started by the Trump Administration, we now have Opportunity Zones but what exactly are Opportunity Zones and how can you make them work for you? In this article, we will provide you with insight into Opportunity Zones and useful tips if you plan on utilizing them in your Real Estate Investing business. What Exactly Are Opportunity Zones? An Opportunity Zone is a census tract that’s composed of communities that have been classified as “economically distressed” according to the Tax Cuts and Jobs Act. With an opportunity zone, you can take the proceeds from the sale of a property and…