Opportunity Zones Further Defined with Ryan Schellhous – Video
Are you expecting to pay large capital gains taxes from the sale of stocks, business or real estate? If so, you will want to fully understand the ins and outs of a new tax law that could help you defer, or in some cases, even completely avoid paying it.
That’s why we invited one of our most informed CPAs, Ryan Schellhous, to explain it to us at our November live event.
What is this new tax law exactly?
Hidden within the depths of the new Tax Cuts and Jobs Act (TCJA) are huge incentives for tax payers who invest in certain economically distressed communities, called Qualified Opportunity Zones. The Treasury designated roughly 8700 “OZones” across the country, including all of Puerto Rico.
Why haven’t you heard about it?
The Treasury just recently released more guidance on the program, so that investors and fund sponsors can “confidently enter into new business arrangements in designated Opportunity Zones.”
If you are facing large capital gains from stocks, business or real estate, you won’t want to miss this video!