“The necessary evil of taxes has experienced many changes since the Tax Cuts and Jobs Act of 2017 went into effect. A leg of that law, known as Opportunity Zones, provides potential relief from tax consequences on capital gains.
The goal of Opportunity Zones is to, in essence, improve low-income communities with private capital and the investor would in turn reap tax incentive savings. The area must be designated as an Opportunity Zone by that state and the U.S. Treasury. There are 19 opportunity zones just in Dallas. A link to all zones can be found here. The zones are completely legal, however, some regulations for these zones have yet to be released, making things a bit confusing for developers and investors right now. On the other hand, most real estate professionals agree that these are too good of a deal to wait and see.”

Adam Abushagur

Vice President Investments

Managing Director – TAG Industrial

Industrial News

 

Class A Office Buildings in North Texas Evolve With New Tech
REBusiness Online- September 7, 2018
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Architect Of ‘Opportunity Zones’ Measure Starts New Firm To Spur Investments
September 12, 2018
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Grand Prairie industrial site that leaked cancer-causing chemicals under homes gets Feds’ attention
Dallas News- September 11, 2018
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Regional News

 

Home trade-in company expands its new residential sales program to North Texas
The Dallas Morning News – Top Stories — September 12, 2018
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Developers buy North Dallas shopping center for major redo
The Dallas Morning News — September 11, 2018
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Frisco financial firm growing with new Hall Park office lease
The Dallas Morning News – Top Stories — September 11, 2018
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National News

 

As job openings reach unprecedented levels, so does quitting
Yahoo Finance — September 11, 2018
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Investors finally embrace big single-family rental companies a decade after the financial crisis
CNBC – Real Estate — September 6, 2018
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A Year Later, Assessing the Extent of Property Damage from the 2017 Hurricanes
National Real Estate Investor — August 28, 2018
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2018-09-17T14:16:21+00:00