5 | MARCH, 2020 |
When looking for new ways to grow a multifamily investment portfolio, new ventures sometimes can be found in the unlikeliest of places. Qualified opportunity zones, for example, are designated by a federal tax incentive program as “designed to spur economic development and job creation in distressed communities throughout the country and U.S. possessions by providing tax benefits to investors who invest eligible capital into these communities.”
Here are three things to consider before committing to an investment in multifamily properties located in opportunity zones. Read more…