Page 10 - Opportunity Zone Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Special to The Digest Fifty-two million Americans live in economically distressed communities—many of which are in rural areas. These communities are plagued by a lack of investment capital. In 2017, the US government launched the largest tax incentive program in the history of the US to change that dynamic: The Opportunity Zone Program is a powerful federal tax incentive designed to spur economic development and job creation in these areas. While over $11B has been driven into OZs since the program’s inception, almost none of that investment has gone to clean-economy plants that pro...

MIAMI, FL – TSG, a South Florida boutique, diversified real estate development and investment company, and Lineaire Group, a Miami-based real estate investment and development firm focused on urban infill projects – announced today a partnership with Bridge Investment Group to develop Wynwood Haus, a multifamily opportunity zone project in Miami’s booming Wynwood submarket. Bridge Investment Group, a leading, privately-held real estate investment and property management firm with more than $25 billion in assets under management, is one of the largest opportunity zone funds in the natio...

by Jordan Solomon (Ecostrat Inc./Biofuels Digest) Fifty-two million Americans live in economically distressed communities—many of which are in rural areas. These communities are plagued by a lack of investment capital. In 2017, the US government launched the largest tax incentive program in the history of the US to change that dynamic: The  Opportunity Zone Program is a powerful federal tax incentive designed to spur economic development and job creation in these areas. While over $11B has been driven into OZs since the program’s inception, almost none of that investment has gone to cl...

New IRS deadlines for opportunity zones: What investors should know Marc Rapport The Motley Fool The IRS has just given opportunity zone (OZ) investors and the funds they invest in some additional time to meet the program requirements for its first few tax years. The Opportunity Zone Program was created as part of the 2017 Tax Cuts and Jobs Act and provides significant capital gains delays and forgiveness to investors in the more than 8,000 census tracts across the country deemed economically distressed. The IRS issued its first final guidance on the program rules at the end of 2019. Since th...

Donald Trump's background in commercial real estate shaped his presidency in many ways, from his administration's policies to his visits to Trump properties.