Zone Opportunity Fund Inc.

Investment Focus

Commercial real estate, Other

Additional Fund Details

In December 2017, the federal government created an economic stimulus program designed to spur investment in distressed communities (i.e., “Opportunity Zones”) by providing never-beforeseen tax benefits to investors. The Tax Cuts and Jobs Act allowed for the creation of “Qualified Opportunity Funds” (QOFs) in which taxpayers are able to reinvest capital gains in order to defer taxes thereon (for up to 7 years) while receiving up to a 15% tax exclusion for investments held in excess of 5 years, and a permanent tax exclusion from capital gains thereon for investments held in excess of 10 years.