GTIS Partners [Real Estate - North America]

2018 Top 100 Real Estate ranking: 122

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Q4 2018 – US QOZ Impact on Real Estate

As part of the 2017 Tax Cuts and Jobs Act of 2017, Congress created a new provision in the tax code to incentivize investment in designated Qualified Opportunity Zones (“QOZs”), lower income areas that would benefit from capital investment and development. Senior Treasury officials estimate that the QOZ tax benefit program could channel over $100 billion of private capital to these emerging areas across the country with the significant potential to positively transform real estate markets ...

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