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Today, I'm talking about...
If you are investor and you're in the habit of investing in property, even in the stock market, then you will be interested in knowing about the opportunity zones. The opportunity zones are designed to spur economic development in depressed neighborhoods, depressed communities. A list of those communities are in the Excel file attached with this lesson. And the benefit you get as an investor
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Capital Gains
Income you earn can be taxed as either ordinary income or capital gains. Ordinary income is income you earn from your business or job. Most people declare ordinary income on their taxes. The tax treatment of ordinary income is less favorable than capital gains.
On the other hand when you sell a capital asset, that asset is subject to capital gains tax. You receive capital gains from the sale of
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