Getting With The Program: How Opportunity Zone Investors Can Navigate Tax Benefits
Investing in the future of an economically distressed community can be rewarding in more ways than one. Not only are investors supporting the growth of an underserved community, but there can also be significant financial benefits as well.
One way to invest in these types of communities is through a Qualified Opportunity Fund, or QOF, which offers tax incentives to investors who put their money in specific underserved areas known as Qualified Opportunity Zones.
Before jumping into the process of obtaining a QOF, however, investors need to do their research to ensure they will receive the maximum tax benefits while fulfilling all of the obligations set by the Treasury Department.
Read the full article at Bisnow here.