What are Opportunity Zones?
Created as a part of the Tax Cuts and Jobs Act signed by President Trump in late 2017. The purpose of the program is to encourage private long-term investment of capital gains funds in these zones by providing a tax incentive in qualified businesses and property in these areas.

Who can benefit from Opportunity Zones?
Real estate developers; REITs; High-net-worth individuals; Wealth management firms; And more!

Where are these zones in Miami-Dade County?
Pursuant to the Act, Governor of Florida, Rick Scott, has designated 427 communities across Florida as Low Tax Opportunity Zones. Here you can find a comprehensive Map of the Zones.

Why an Opportunity Zone investment benefits you?
Receive a multitude of tax incentives and benefits. Capital gain can be deferred until the end of 2026. Capital gains taxes can be reduced as much as 15%. Capital gain can be avoided if the investments are held for at least 10 years.

How do I get started?
Our team at ComReal can help you identify property within Opportunity Zones that are for sale and have re-development potential. We can also point you to our team of experts that can decipher complex terms such as Qualified Opportunity Fund, Qualified Opportunity Zone Property and Qualified Opportunity Zone Business. Additionally, if you own a property, we can help you determine if it falls within an opportunity zone and the strategies we can use to maximize the value of the property.

For more information on commercial real estate properties within Opportunity Zones, you can contact: Pat McBride at 305-619-2937 or email him at pmcbride@comreal.com

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