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Kristin DeKuiper Kristin DeKuiper

Investors should hurry if they want to take full advantage of the benefits afforded in Opportunity Zones. The biggest incentives of opportunity zones are tax deferral, but there is a deadline. For that reason, investors should act quickly if they want to invest in Opportunity Zones and take advantage of those financial benefits.

“One of the tax benefits of the Opportunity Zone incentive is deferral and partial exclusion from tax of capital gain, provided the taxpayer contributes funds up to the amount of the gain to a qualified opportunity fund within 180 days from the sale or exchange that triggered the gain,” Kristin DeKuiper, a transactional attorney at Holland & Knight, tells GlobeSt.com. “The deferral lasts until the earlier of the date the taxpayer disposes of his or her interest in the qualified opportunity fund or December 31, 2026.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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