Qualified Opportunity Zones

Qualified Opportunity Zones (QOZ) are designated areas in the U.S. that aim to stimulate economic growth by attracting investment. Investors can earn tax benefits by putting their capital gains into these zones, which are typically in low-income areas. The main incentive is that if the investment is held for a certain period, investors can reduce or even eliminate taxes on the gains from their investments. This initiative encourages development and job creation in these communities, benefiting both the investors and local economies.