Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States. Their purpose is to spur economic growth and job creation in low-income communities while providing tax benefits to investors.

Opportunity Zones are economically-distressed communities that may qualify for tax deferment. Get answers to commonly asked questions.

Taxpayers who invest in Qualified Opportunity Zone property through a Qualified Opportunity Fund can temporarily defer tax on the amount of eligible gains they invest. How it works You can defer tax on eligible gains you invest in a Qualified Opportunity Fund until you have an inclusion event or by December 31, 2026, whichever is earlier.

Opportunity Zones are tax incentives to encourage those with capital gains to invest in low-income and undercapitalized communities. How do Opportunity Zones Work? The 2017 Tax Cuts and Jobs Act created the Opportunity Zones program—meant to …

The Opportunity Zones Program (Sec. 13823) provides tax incentives for qualified investors to re-invest unrealized capital gains into low-income communities throughout the state, and across the country.

May 23, 2023 · Qualified opportunity funds (QOFs) mean to drive business and real estate investments toward low-income or economically distressed areas of the country. The federal government incentivizes...

Feb 7, 2024 · Investors can take advantage of opportunity zones by investing in qualified opportunity funds (QOFs). These funds are created specifically for investing in designated opportunity zones and must...

Oct 24, 2022 · Qualified opportunity zone (QOZ) programs provide tax incentives that encourage investors to invest in designated census tract areas throughout the U.S., which can provide jobs and increase tax...

To view North Carolina Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

Opportunity Zone Funds are investments designed to stimulate growth in distressed communities. Read on to discover the ins and outs of these funds.