On the Horizon in 2019: Opportunity Zones
Happy New Year, everyone. And welcome back to the grind in beautiful Boulder, Colorado. To kick things off, we are taking a look at a topic that may come up for you this year. You’ve probably heard the words buzzing around… Opportunity Zones. The 2017 tax reform package (Tax Cuts and Jobs Act) enacted the program, which provides tax incentives for investments in opportunity zones, so designated due to their persistently depressed growth. Investors who buy, develop and hold properties for at least 10 years pay no capital gains taxes upon the property’s sale, among other incentives. Across the country, there are