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qualified opportunity zones

3 Benefits of Investing in an Opportunity Zone

When you decide that you want to start a business, every decision is important.  If you make the wrong move, it may jeopardize your success.  In addition to the logo of your company, your marketing techniques, and your team, one of the important elements that you have to consider is the location of your business.  For those of you that are unfamiliar with opportunity zones, they are an economic development tool that encourages people to invest in distressed areas around the United States in order to generate economic growth.  Aside from helping the community, keep reading to find out what 3 benefits that you can gain from investing in opportunity zones.

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Benefit #1: There are locations all over the United States

There are thousands of opportunity zones all over the United States.  The benefit of this is that you can find a location that best fits your needs.  This is an important factor, because your store may focus on people in a certain geographical radius, you may want to find an area that’s close to your family, or you may want to have different store locations across the United States.


Benefit #2: There are tax benefits

One of the biggest draws to opportunity zones are the tax benefits.  The opportunity zone tax benefits include:

  • A temporary deferral of inclusion in taxable income for capital gains reinvested in an opportunity fund.
  • A step-up in basis for capital gains reinvested into opportunity funds.  The basis is dependent on how many years it is held.
  • A permanent exclusion from taxable income on capital gains from the sale or exchange of an investment in an opportunity fund if the investment is held for at least 10 years.


Benefit #3: It helps start-ups take off

Start-up companies usually have a hard time getting started, as they often have limited funds.  For that reason, many companies take years to be able to actually start operating.  With so many tax benefits, it gives start-ups (and big companies) a better chance of finally starting their business.

If you want to know more about qualified opportunity zones, contact an experienced lawyer.  Your lawyer will be able to answer all of your questions and help you follow all of the guidelines in order to get the most tax benefits from your investment.

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