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The Opportunity Zones program is a federal tax incentive program that allows investors to defer their capital gains taxes by investing in commercial real estate or small businesses located in one of 8,700 designated Opportunity Zones across the United States.
Opportunity Zones IRS and Treasury Updates Brings Clarity to Multifamily Investors
Since Q2 2019, a new flurry of updates about the government’s Opportunity Zones program has answered many questions about how the program will be operated. Not everything, however, has been fully revealed.