What Makes an IRS Opportunity Zone?

September 18, 2019

When communities fall on hard economic times, they tend to grow increasingly neglected. After all, what real estate investor wants to pump money into a depressed neighborhood? It's this very issue that prompted the creation of opportunity zones. IRS opportunity zones are those designated as economically distressed. Investors who put money into opportunity zones get to reap tax benefits in exchange for putting capital into areas that need it. Everybody wins.