The Flickr Opportunityzones Image Generatr

Figure 1: Basic Structure and Tax Benefits of Investments in Opportunity Zones by U.S. GAO

Unrecognized license: https://www.usa.gov/government-copyright

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-22-104019

Opportunity Zones: Census Tract Designations, Investment Activities, and IRS Challenges Ensuring Taxpayer Compliance

Note: Investors needed to invest by the end of 2019 to be eligible for the 15 percent exclusion of the original gain when the gain is realized in 2026. To be eligible for the 10 percent exclusion of the original gain, investors need to invest by the end of 2021.

Figure 2: IRS COVID-19 Relief Extended Time Investors Had to Invest in Qualified Opportunity Funds by U.S. GAO

Unrecognized license: https://www.usa.gov/government-copyright

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-22-104019

Opportunity Zones: Census Tract Designations, Investment Activities, and IRS Challenges Ensuring Taxpayer Compliance

Note: IRS Notice 2020-23 (issued April 2020) provided an extension until July 15, 2020, of any eligible gains that needed to be invested between April 1, 2020, and July 15, 2020 (to meet the 180-day requirement). IRS Notice 2020-39 (issued June 2020) provided an extension until December 31, 2020. IRS Notice 2021-10 (issued January 2021) provided an extension until March 31, 2021.

Senator Coons talks Driving for Opportunity Act at federally-designated opportunity zone in Wilmington, Delaware by senatorchriscoons

Unrecognized license: https://www.usa.gov/government-copyright

Before heading to Washington, U.S. Sen. Chris Coons (D-Del.) addresses a group of advocates working to reduce recidivism and like-minded business leaders at Second Chance Farms in Wilmington, Delaware, July 20, 2020. Coons talked about his work as an original cosponsor of the revised First Step Act of 2018 and provided details of the Driving for Opportunity Act, a bill introduced by Sen. Coons and Sen. Roger Wicker (R-Miss.) this month. This bipartisan bill aims to create incentives to stop debt-based driver’s license suspensions. Nationwide, at least 11 million people have their driver’s licenses suspended because they cannot pay fines or fees, not for any public safety reasons. These suspensions make it harder for Delawareans to commute to work to pay off the debts and places an unnecessary burden on the police to enforce suspensions, especially putting officers and citizens at increased risk of infection during a pandemic. (Photo by Office of U.S. Sen. Chris Coons/Released)

Senator Coons talks Driving for Opportunity Act at federally-designated opportunity zone in Wilmington, Delaware by senatorchriscoons

Unrecognized license: https://www.usa.gov/government-copyright

Before heading to Washington, U.S. Sen. Chris Coons (D-Del.) addresses a group of advocates working to reduce recidivism and like-minded business leaders at Second Chance Farms in Wilmington, Delaware, July 20, 2020. Coons talked about his work as an original cosponsor of the revised First Step Act of 2018 and provided details of the Driving for Opportunity Act, a bill introduced by Sen. Coons and Sen. Roger Wicker (R-Miss.) this month. This bipartisan bill aims to create incentives to stop debt-based driver’s license suspensions. Nationwide, at least 11 million people have their driver’s licenses suspended because they cannot pay fines or fees, not for any public safety reasons. These suspensions make it harder for Delawareans to commute to work to pay off the debts and places an unnecessary burden on the police to enforce suspensions, especially putting officers and citizens at increased risk of infection during a pandemic. (Photo by Office of U.S. Sen. Chris Coons/Released)

The Flickr Opportunityzones Image Generatr

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Figure 1: Basic Structure and Tax Benefits of Investments in Opportunity Zones by U.S. GAO

Figure 2: IRS COVID-19 Relief Extended Time Investors Had to Invest in Qualified Opportunity Funds by U.S. GAO

Senator Coons talks Driving for Opportunity Act at federally-designated opportunity zone in Wilmington, Delaware by senatorchriscoons

Senator Coons talks Driving for Opportunity Act at federally-designated opportunity zone in Wilmington, Delaware by senatorchriscoons

“Education is the most powerful weapon which you can use to change the world.” by joyshree.05feb

Tax Benefits investing in Opportunity Zones by jacksonvillecommercialrealestate

What Are Real Estate Opportunity Zones? by DifferentWho

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)

Birmingham Opportunity Zone Groundbreaking by U.S. Dept. of Housing and Urban Development (HUD)