In a recent article published by Realty Biz News, Bennett Thrasher Partner Trey Webb gives insight on significant tax law changes that commercial investors need to be aware of and resulting investment trends, including coupling low-income housing credits with historic rehabilitation projects in qualified opportunity zones. Qualified opportunity zone investments require a long-term holding period to take advantage of the tax incentives. By including tax credits, investors can get a more immediate return on their investment. “I expect that you will see a fair amount of low-income housing credit developments going into qualified opportunity zones over the next several years,” says Webb. For the full article, please click here.
For more information on tax law changes that could affect your business, contact Trey Webb or Jerry Weil by calling 770.396.2200.