Author Topic: Opportunity Zones?  (Read 417 times)

kenmoremmm

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Opportunity Zones?
« on: March 26, 2019, 01:27:24 AM »
i came across this while reading some madfientist article:
https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions
https://eig.org/opportunityzones

i'm low on sleep and my eyes normally glaze over with stuff like this. for the sake of purchasing rental properties, is an OZ only useful if selling your primary residence or other item with large capital gains to shield the taxes due? the OZ wouldn't really be useful in the case of doing a 1031, right?