Opportunity Zones

Opportunity Zones are designated areas in the U.S. intended to stimulate economic development by encouraging investment. Investors who put money into these zones can benefit from tax advantages, such as deferring or reducing capital gains taxes. The goal is to attract investments to underserved communities, promoting job creation and revitalization. Essentially, Opportunity Zones provide financial incentives for investors to support projects that improve local economies and infrastructure while offering potential tax savings for their investments.