Public Impact Welcomes Fifth Cohort of Opportunity Culture Fellows
At face worth, possessing capital positive aspects is the minimal requirement to reap the benefits of the tax incentives in the Opportunity Zones program. This in the end creates an efficient barrier to entry for a lot of black and brown folks. Capital features are generated by sales of inventory, other equity pursuits or assets, or actual property (generally investment properties, since the first $250,000 of proceeds from sale of a major residence is not acknowledged as capital gains).
When assessing the potential profitability of various investments, companies search for the … Read More