Insider Q&A: How to invest in ‘opportunity zones’
Last year’s tax overhaul created a massive new incentive for investing in some of the United States’ poorest neighborhoods. The brand new “opportunity zones” enable private investors to re-invest their profits into businesses that are located in parts of the country that are generally starved from outside investment.
Read moreIN THE ZONE – The Opportunity Zone
Ask a 6th grade student about the secret to successful real estate investments. The parroted answer might be – “location, location, location”. Ask a seasoned real estate developer the same question. The answer may be similar but with a slight refinement – like “find the right location, at the right time”. Everyone knows that is…
Read moreQ&A: Sean Parker on Napster, Spotify, and His Federal Tax Law Triumph
In the wake of Spotify’s debut as a public company, Fortune sits down with one of its earliest boosters, who shares what he loves (and regrets) about the online music giant—and much more.
Read moreMorning Tax: We dare you.
And with all the talk about Opportunity Zones and Community Development Financial Institutions funding: The Economic Innovation Group has a new study examining how the economy is advancing in communities across the nation – and found that, much like income inequality is on the rise, certain parts of the U.S. are speeding forward while the…
Read moreOfficials say fed program to ‘drive much-needed capital’ to projects in Aurora
Aurora will be able to participate in a new federal program designed to increase long-term private investment in low-income areas. Opportunity Zones were established by Congress in the Tax Cuts and Jobs Act of 2017 to provide a tax incentive for investors to put capital gains to use in the zones.
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