First coming into existence under the Tax Cuts and Jobs Act of 2017, opportunity zones offer a chance for lower-income and lesser-developed areas to see an injection of funds for re-development. By incentivizing investment through tax benefits, these communities can grow economically by creating jobs and inviting growth and expansion through improvement and development.
With thousands of opportunity zones in the U.S. and U.S. territories, taxpayers are allowed to invest in qualified opportunity funds, otherwise known as QOFs. With thousands of options, it can be tricky to select a QOF, but Landowner Exchange can help you find the right one for you!