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Updated about 1 year ago,
"Opportunity Zone Program"
Has anyone utilized this program as a way to help with capital gains. We are selling a couple duplexes this year and will be looking at 30-40k in capital gains to pay in. From what I understand you get a temporary deferral, followed by a stepped up basis and permanent exclusion after 10 years...seemingly much better than the perpetual 1031 deferment. Any experience with these programs?