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Opportunity Zones

 


These “O-Zones” are an economic development tool as well as a tax deferral opportunity on capital gains. It was established by Congress in the Tax Cut and Jobs Act of 2017 to encourage long-term investments in low-income sections of our communities.

 

Meeker Co. Opportunity Zones                                                                                               

https://mn.gov/deed/business/financing-business/tax-credits/opp-zones/

https://mn.gov/deed/business/financing-business/tax-credits/opp-zones/census-opp-zone-tracts.jsp

 

OPPORTUNITY ZONE RESOURCES

  • Implementation of Opportunity Zones has been delegated to the IRS by the US Department of the Treasury’s Community Development Financial Institutions Fund (CDFI) https://www.cdfifund.gov/
  • IRS has released Opportunity Zones FAQ
  • Latest U.S. Treasury guidance on opportunity zones

Talk with your financial advisor to see if this opportunity fits with your goals.

Contact

422 S. Johnson Drive
Litchfield, MN 55355

320-221-2563

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