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March 2019 Posts

Understanding the opportunity in qualified opportunity zones

Now may be the time to sell your low-basis assets. As stated in the 2017 Tax Cuts and Jobs Act, if you invest the proceeds of such a sale into a qualified opportunity fund, you may be able to defer the tax associated with the sale of such assets and, in certain cases, either cut down on the gain on which you are taxed or eliminate the tax you owe entirely.

March 28, 2019