Big News re: Opportunity Zone Investing

[Ryan Beatty]

Good news! The IRS just issued another extension for investing into Opportunity Zones! This is a great way to defer and reduce your capital gains taxes on the sale of stocks (or any capital gains), both short term and long term!Effectively, this means that for any gain recognized by an individual on or after October 4, 2019 and before October 2, 2020, there is no 180-day period but rather a single deadline of March 31, 2021. The deadline to invest in a Qualified Opportunity Fund for these taxpayers is now automatically extended to March 31, 2021.https://opportunitydb.com/2021...