Midas Holdings
Opportunity Zones
Opportunity Zones
What is an Opportunity Zone?
To drive economic development in low-income neighborhoods, the Tax Cut and Jobs Act of 2017 (TCJA) created Opportunity Zones (OZ), or “O-Zones” for short. These areas of the U.S. — both rural and burgeoning lower-income urban communities — have historically been capital-deprived, but have potential for future growth. In these specially designated areas, qualifying investments receive material tax benefits worth noting.
Why Should You Care About an Opportunity Zone?
Choose Opportunity Zones and you can:
- Re-invest any form of capital gains.
- Defer your taxes on your original capital gain until the end of 2026.
- Reduce your taxes by up to 15% when you invest in an Qualified Opportunity Fund for at least 7 years.
- Completely eliminate the tax on new capital gains from your Qualified Opportunity Fund investment after the 10-year mark.
That means compared to a typical portfolio, you have the potential to double your after-tax profits with an Qualified Opportunity Fund.
Explore Your Investment Opportunities Now
At Midas Holdings, we meticulously rank the long-term growth potential of each Opportunity Zone to uncover the most attractive markets.
Read more about how our program stands out and become an investor today by registering at client log-in.