I feel that when people choose where they invest their money they look for the highest return with the most security and tax advantages. New types of investments that are created can have high benefits but can offer risks. One of these new types of investments is called an opportunity zone. This area of investment is new but offers many benefits, so let us discuss what is an opportunity zone?
An opportunity zone as defined by the IRS is “an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.”
Since we now understand what an opportunity zone is, you should ask what are the benefits of investing in an opportunity zone? Opportunity zones offer many tax benefits in the immediate short term as well as holding for a longer term.
These are some very substantial benefits, especially if you have recently sold out of an investment, (sale of business, stock, real estate, etc.) and are looking to defer capital gains. So, let us discuss how do I invest in an opportunity zone?
After explaining what an opportunity zone is and understanding the benefits of investing, you should have a better understanding of how this opportunity will benefit you. The primary purpose of this article is to help you understand this new type of investment that is only available for a limited time. If you are someone who is curious or have any questions about investing in a qualified opportunity zone, please reach out to us at firstname.lastname@example.org or (949)401-6897 and one of our representatives will contact you or visit our website at www.blackstonecommodity.net/vivakor.