Opportunity Zones

Opportunity Zones

Opportunity Zones The 2017 Tax Cuts and Jobs Act established the Opportunity Zones incentive as a new investment tool. The Opportunity Zones incentive is designed to stimulate development in disadvantaged areas throughout the nation and release unrealized capital...
1031 Exchanges: Vacation and Second Homes

1031 Exchanges: Vacation and Second Homes

Rev. Proc. 2008-16 Vacation homes or “second homes” offer another opportunity for the 1031 Exchange. Often one of a taxpayer’s best investments has proven to be his vacation home and yet many tax and legal experts have argued against section 1031 when it came time to...