Time is Running Out - 10% Off Taxes
When Congress approved the Opportunity Zone Program in 2017, they created three primary tax incentives.
- You can defer taxes on your realized capital gains until December 31, 2026
- Your capital gains taxes owed on the original Capital gain event could be reduced by 10%
- You won’t owe any federal taxes on profits earned on your fund investment if you hold your investment for 10 years.
But that middle benefit—the potential 10% reduction in taxes owed—disappears after 2021.
Watch the video above to learn more about what the disappearance of this 10% reduction means for you, and why now is the time to invest.