Opportunity Zones are an exciting new development tool designed to ignite investment in distressed neighborhoods across the United States.
Created by Congress in the Tax Cuts and Jobs Act of 2017, Opportunity Zones provide tax incentives for long-term investors in 8,700 census tracts nationwide, including 62 tracts in Iowa. In these areas, incentives are provided for investors to re-invest their unrealized capital gains into Opportunity Funds, which in turn invest in real estate and businesses located in Opportunity Zones. The benefits for both communities and investors are substantial.
Contact us today to learn about getting involved in Goldfinch Growth’s first Opportunity Fund.