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…
Are you planning on investing in another Houston Texas Rental Property but have to sell one of your rentals first before you can purchase the new property? If so, you should consider a 1031 exchange. In this video you will learn more about how the 1031 exchange works and how to apply this to your business. Get Houston Texas Property Management For affordable Houston Texas property management contact Vestpro Residential Services today by calling us at (832) 971-1841 or click here to connect with us online.