In this article from Commercial Observer, Seiden and Schein’s Alvin Schein weighs in on the Opportunity Zones program which was included in last year’s federal tax reform bill. As the article states, “The provision—which provides significant tax relief to investors who pour money into designated, “economically distressed” areas across the country—is meant to spur investment across a wide variety of business sectors and industries.”
Read the full article here.
If you have any questions regarding the Opportunity Zone program, or any other real estate related matter, please contact Seiden & Schein, P.C. at 212.935.1400.