There is much confusion regarding how the opportunity zones are going to be utilized nationwide to spur investment in low-income communities. Everyone seems to have a different take on exactly what the legislation means. We continue to work with our legal and tax advisers to understand every facet of this incredible investing opportunity.
We recently read an excellent white paper from the law firm of Mayer Brown, located on their Tax Equity Times blog, which is loaded with outstanding tax information. We recommend you read the white paper linked below, and spend some time looking at their other articles, too. Lots to learn here.