Opportunity Zones are economically disadvantaged census tracts across the United States in which investors can gain tax benefits by investing in eligible properties and businesses. Right now, there are 8,700 Qualified Opportunity Zones (QOZs) across the country. To gain the tax benefits of the Opportunity Zones program, an investor must invest in an Opportunity Fund, a special investment vehicle which needs to hold at least 90% of its assets in eligible property or businesses located inside an Opportunity Zone.
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