Opportunity Zones in Knox County Indiana!
Opportunity Zones were recently launched as a bi-partisan effort of the White House. The goal is to encourage long-term private capital investment in low-income urban and rural communities.
The program offers long-term federal tax deferral on capital gains for investors investing in Opportunity Zones and additional tax exclusion from new capital gains achieved from those Opportunity Zone investments. Opportunity Funds are an equity investment tool. Investments and funds will own full assets or a shared ownership position in real estate and operating businesses located in the zones.
Knox County offers 2 Opportunity Zones. Knox County invites your inquiryinto doing business in the state voted best for economic development and the county that is very business friendly. Below are maps of Knox County's Opportunity Zones. Please contact Kent Utt for more information.
Download the federal guidelines for Opportunity Zones here.
For detailed information on the Opportunity Zone Consortium, please visit this link.