Qualified Opportunity Zone in Bay Area, California

Technical topics regarding tax preparation.
#1
Keyad22  
Posts:
1217
Joined:
13-Jun-2016 9:51am
Location:
Bay Area, California
I did not realize there are some pieces land in the bay area are in the Qualified Opportunity Zone.

Please see the following link

http://dof.ca.gov/Forecasting/Demograph ... tedQOZ.pdf

http://dof.ca.gov/Forecasting/Demograph ... ity_zones/

However, I feel like it works for new ventures in the areas, not existing business staring before 2018. If you have any idea for the tax benefits for existing business QO zone, would you please share with us?
 

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