“...we’ve lowered the capital gains tax for long-term investments in opportunity zones, all the way down to
a very big, fat, beautiful number of zero.”
April 17, 2019
Those events are for accredited investors that have a net worth exceeding 1 million and/or an annual income exceeding 200,000 individually or 300,00 for joint households.
HOW OPPORTUNITY ZONES WORK
Decide to sell an asset like real estate, stocks, or a business.
Roll your Capital Gains into an Opportunity Zone program within 180 days.
Defer your Capital Gains taxes until 2027
Reduce your taxes by up to 15% after 7 years.
GAINS EARNED FROM THE OPPORTUNITY
FUND ARE TAX-FREE.