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Updated over 6 years ago,
Investment Opportunity Zone Declared... How do I capitalize?
Hi Forum Members,
I am a new-ish poster. Been away for a minute. I'm glad to be back.
I run a exterior corridor independent lodging property. It is older but solid build ripe for reconversion and or redevelopment.
Recently, our area was declared Opportunity Zone status which as I understand it allows for tax deferments and breaks for ease of influx of investment dollars. I have inquired to City and South Carolina Commerce about details. They both stated IRS has not released full rules and regulations but I should be preparing an Investment Prospectus.
Where can I find someone or an entity to help me with the aforementioned Investment Prospectus? I am officer and can get figures.
Any help would be greatly appreciated. I am motivated and hold degrees but got stuck in this by family obligations. I have unique POV about area as living on property for 28 years. Many thanks for stopping by. Good luck to all.