The Tax Cuts and Jobs Act: A New Opportunity to Use Tax Incentives to Fund Low-Income Projects
The Tax Cuts and Jobs Act of 2017 provides tax incentives for an investment in a qualified “Opportunity Zone,” the goal of which is to facilitate development in targeted low-income, economically distressed communities by encouraging investments used to start businesses, develop abandoned properties or provide low-income housing in the Opportunity Zone.
June 22, 2018 at 03:40 PM
1 minute read
Capital Gain Deferral
Corporate Organization
Qualified Property
Qualified Business
Census Tracts
Stuart M. Saft is a partner at Holland & Knight and head of the firm's New York Real Estate Practice Group.
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