Qualified Opportunity Zones

The 2017 Tax Act adopted special benefits for taxpayers looking to prevent taxation of capital gains, which will also assist the real estate market in 1,000s of economically distressed communities across the country.  The IRS recently released proposed regulations and guidance, which are helpful and should stimulate the use of this new tax-motivated investment option.  RCCB acts as a leader in advising clients throughout the country regarding organizing and operating qualified opportunity funds.