Steve Rothschild with The Strategic Group of Companies was a recent guest speaker at an Atlanta Real Professionals meeting where he shed some light on tax benefits for Opportunity Zones. Taxable capital gain income can be deferred if reinvested into an Opportunity Zone Fund and can be reduced by 10% if holding the investment for 5 years. Explaining the benefits of long term investment, Steve advised that there is an additional 5% reduction if held for 7 years and if investment in an Opportunity Zone Fund is held for 10 years, all appreciation since initial investment is “tax free.”
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