Non-U.S. investors should be aware of the tax benefits of investing in “Opportunity Zones.”
Opportunity Funds were created under the Tax Cuts and Job Acts of 2017 to incentivize investments in specified areas in the United States.
(Opportunity Funds are an investment vehicle organized as a corporation or a partnership for the purpose of investing in qualified opportunity zone property and provided that the Fund holds at least 90% of its assets in qualified opportunity zone property.) Continue reading “Opportunity Zone Investing/Non-U.S. Investors – Defer U.S. Capital Gains Tax on USRPI”