Kyle Day explains how Opportunity Zone program benefits investors
The U.S. Treasury designated a total of more than 8,700 qualified opportunity zones across the country. Ten of these opportunity zones are within Quad Cities, covering census tracks in downtown Davenport, southern Rock Island, Clinton, Muscatine and Kewanee. Lane & Waterman attorney Kyle Day explains the four benefits to investors who, within 180 days of realizing a capital gain, reinvest their gain in an opportunity zone through a QOF.
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