While the recent Tax Cuts and Jobs Act created some
new issues for Californians, it also contained one very
promising new item: Opportunity Zones. These were created to encourage long-term investment into low-income urban and rural
communities nationwide. To motivate investors to put
money into those projects, some significant tax benefits
have been introduced.
This short guide will get you up to speed on this new law change and how it might be beneficial to you through: