Opportunity zones explained: how they work & how to invest

#23: Like learning how to optimize your taxes/wealth?

Then heads up, because Opportunity Zones may be really relevant to you.

In a nutshell: It’s a government investment program designed to spur economic development in certain geographic zones; in return, it provides a way to snag huge tax breaks and tax-free investment gains.

Think of it as a turbocharge for your 4x4 FIRE framework “save” & “invest” pillars.

But the O-Zone program is not well-understood or even well-known by most investors.

So this week, I invited David Sillaman, one of the pioneers in Opportunity Zone fund creation, to the podcast to explain key rules and benefits of the program.

We talk about:

• Goals of the program and tax benefits to investors
• Where Opportunity Zones are located and how to view an O-Zone map
• Rules on contributions, deferred capital gains tax, and tax-free investment gains
• What type of investments inside Opportunity Zones qualify for favorable tax treatment
• How to research Qualified Opportunity Funds

Is this program attractive to you as an investor? What questions do you still have about it that you want me to answer? Let me know by leaving a comment.

Don't miss an episode, hit that subscribe button...

If you liked this episode, be sure to subscribe so you don’t miss any upcoming episodes!

• Apple Podcasts
• Spotify
• Google Podcasts
• Stitcher

I need your help, please leave a listener review :)

If you liked this episode, would you please leave a quick review on Apple Podcasts? It’d mean the world to me and your review also helps others find my podcast, too!

Links mentioned in this episode:

• Ozfunds.com
• Eazy Do It
• Map of opportunity zones
• HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.