New Qualified Opportunity Zone Funds
The 2017 Tax Cuts and Jobs Act created one of the greatest tax-minimization opportunities since the 1981 Reagan cuts, Qualified Opportunity Zone Funds (OZ Funds). OZ Funds are designed to spur economic development and job creation by creating tax incentives to encourage investment in businesses located in economically-distressed communities. In return for these investments, investors can receive tax deferrals and possible elimination of capital gains taxes on their OZ Fund investments.
Learn about these funds and how they can help you and your clients from Mike Zahrt by watching the following video.