What are the benefits of owning a property in an Opportunity Zone?
November 9, 2022
Reading time: 1 minute
There are many reasons why investing in Opportunity Zones is beneficial. Here are my Top 5:
1. Tax Benefits: Investors can defer and potentially reduce their capital gains taxes if they reinvest their gains into an Opportunity Zone.
2. Long–term Appreciation: Investors can benefit from the potential long–term appreciation of their properties due to the tax incentives.
3. Economic Stimulus: Opportunity Zone investments can help stimulate economic growth in distressed areas by providing capital for businesses and jobs.
4. Increased Property Value: Investing in an Opportunity Zone can increase the value of the property due to the influx of capital and potential appreciation.
5. Diversity of Assets: Opportunity Zone investments can provide investors with a more diverse portfolio of assets.
Ashley Dillard, CCIM
Senior Director
Ashley has an extensive knowledge of the Chicago commercial real estate market. After graduating from University of Kansas with a degree in architectural studies, she worked in Kansas City as a commercial leasing agent at a 2.1 million square foot office park. While working for an institutional owner, she learned valuable skills such as client reporting, communication and accountability.
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