What are Opportunity Zone Funds?

Born from the 2017 Tax Cuts and Jobs Act, Opportunity Zone Funds invest in qualified opportunity zones which are areas in need of new development to support local businesses and residents.  

By investing your capital gains in an Opportunity Zone Fund, you may potentially defer the tax payment and reduce the tax owed.  Additionally, if held for a certain period of time, any earnings on the new investment, may be potentially free of tax.