Ginsberg Jacobs Details New ‘Opportunity’ For Investors

By Published On: August 3, 2018Categories: Commercial Real Estate News, TJ Client NewsComments Off on Ginsberg Jacobs Details New ‘Opportunity’ For Investors

Through a new program included in last year’s tax bill, approximately 8,700 census tracts nationwide have been designated as Opportunity Zones, offering investors a place to redeploy unrealized capital gains. Under the incentive, which is designed to promote long-term investment in low-income neighborhoods, this money can be reinvested in Opportunity Funds that finance everything from businesses to real estate developments located in qualifying areas. In exchange, investors can receive a temporary deferral or permanent exclusion on gains depending on how long their investment is held. To help clarify the program, Taylor Johnson recently pitched and secured a byline in National Real Estate Investor from Darryl Jacobs, co-founder of client Ginsberg Jacobs LLC. We also connected Jacobs with The Real Deal for a feature on the program.

Darryl Jacobs, co-founder of Chicago-based real estate law firm Ginsberg Jacobs LLC, recently outlined key considerations for Opportunity Zone investors in a byline for National Real Estate Investor.

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