What are Opportunity Zones?
Created by the Tax Cuts and Jobs Act of 2017, the Opportunity Zone program offers federal tax incentives to investors who invest capital gains into low-income communities nationwide. Participating in this program allows investors to enjoy significant benefits including:
- Tax Deferral – Defer taxes on invested capital gains until the end of 2026
- Tax Reduction – Invested capital gains can get up to 15% step-up in basis
- Tax Exclusion – Zero taxes on Opportunity Zone investments held for ten year
Services provided by Seminole Equity Partners – Investors
- Fund management
- Deal sourcing
- Customized structuring (returns, risk, size, portfolio diversification)
- Due diligence, governance and regulatory compliance
- Asset management
- Tax and professional opinions provided by leading firms
For more information, contact Rod Eckhardt at:
(727) 331-8438 or reckhardt@seminolefs.com
Opportunity Zones Program Resources
https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-new-opportunity-zone-tax-incentive
https://home.treasury.gov/news/featured-stories/treasury-releases-proposed-regulations-on-opportunity-zones-designed-to