A big new federal tax break: Baltimore developers see hope for projects in Opportunity Zones
Beneath an overpass near M&T Bank Stadium, a banner on a more than century-old former whiskey distillery proclaims “Future Home of Hammerjacks.”
Read moreWith (Some) Rules In Hand, Funds Prep For Opportunity Zone Investments
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.
Read moreReport: Memphis Still ‘Distressed’ After Recession, Recovery
As of 2016, Memphis hadn’t really recovered from the Great Recession, according to a new report from the Economic Innovation Group (EIG).
Read moreHow Astute Investors are Avoiding Capital Gains
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.
Read moreOpportunity Is Coming to a City Near You
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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