OPPORTUNITY ZONES

A designated census tract that is eligible for tax deferrals on original capital gains invested and tax exclusion on new capital gains achieved from investments. Additionally, investor could be eligible for a step-up in basis of 10 or 15% on original gains. 

A successful OZ project will likely require at least 3 partners on board; local government and community stakeholders, site developer and/or business owner, and investor. A community that wants to attract investment will want to hold stakeholder meetings to develop a plan. Many successful communities have also developed marketing prospectuses for investors. 

Please reach out if you are a city, county, site developer, business owner, investor or other party interested in being involved. 

Throughout East Texas and the United States. Opportunity Zone Map. 

See list of eligible census tracts and cities below.

Opportunity Zones were established by the 2017 Tax Cuts and Jobs Act and went into effect in 2018. Investors can defer tax on original gains until December 31, 2026.

Rural areas have often been overlooked for investment. Opportunity Zones are a vehicle for increasing investment in low-income urban and rural communities nationwide. 

Investments must come from a Qualified Opportunity Fund: self-certified investment fund organized as a partnership or corporation for purpose of investing in Qualified Opportunity Zone (QOZ) property. Only equity investments are eligible for the OZ tax incentive. No debt investments. Please refer to IRS Frequently Asked Questions for more about the tax laws.