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Opportunity Zones and New Real Estate Opportunities - REDnews
rednews.com
BY: OMAR IZFAR, ATTORNEY, WILSON CRIBBS+GOREN. The Tax Cuts and Jobs Act of establishes a federal tax incentive for deferring andpartially exempting capital gains for investments made into a “Qualified Opportunity Fund” which may own business property within “Qualified Opportunity Zones.”
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