Investors Continue to Play it Safe with Opportunity Zones

Posted on July 23, 2019

Despite all of the hype surrounding the tax benefits of Opportunity Zones (OZs), many taxpayers are still sitting in the sidelines awaiting further guidance from the IRS before putting their money and their trust into these new investment vehicles in unproven markets. Instead, cautious investors are playing it safe and continuing to pursue 1031 like-kind exchanges to provide them with an opportunity to yield tax-deferral benefits by investing in higher-quality assets, with strong fundamentals and proven income consistency.

With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.