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Updated about 1 year ago on . Most recent reply

User Stats

78
Posts
46
Votes
Jordan B.
  • Washington, IN
46
Votes |
78
Posts

"Opportunity Zone Program"

Jordan B.
  • Washington, IN
Posted

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?

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