Archive for the ‘In the News’ Category

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A big new federal tax break: Baltimore developers see hope for projects in Opportunity Zones

/   Lorraine Maribella, The Baltimore Sun

Beneath an overpass near M&T Bank Stadium, a banner on a more than century-old former whiskey distillery proclaims “Future Home of Hammerjacks.”

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With (Some) Rules In Hand, Funds Prep For Opportunity Zone Investments

/   Joe Gose, Forbes

The U.S. Treasury Department’s recent release of long-awaited guidelines for opportunity zones is expected to unleash real estate investment in low-income neighborhoods in the country – that is, as long as stock market volatility, the onset of a recession or other gloomy events don’t doom optimism and risk-taking.

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Report: Memphis Still ‘Distressed’ After Recession, Recovery

/   Toby Sells, Memphis Flyer

As of 2016, Memphis hadn’t really recovered from the Great Recession, according to a new report from the Economic Innovation Group (EIG).

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How Astute Investors are Avoiding Capital Gains

/   Viktor Simco, GlobeSt

While still very much in its infancy, we are approaching the first year mark on the release of the $1.5 trillion tax cut signed by President Trump.

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Opportunity Is Coming to a City Near You

/   Steve Glickman, The Wall Street Journal

The federal government’s most powerful economic weapon is the tax code, and its most pressing problem is the ailing American Dream. Enter “opportunity zones,” economically distressed communities where new investments can receive preferential tax treatment.

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