Ali Jahangiri, Founder of OpportunityZoneExpo.com
“Opportunity Zones are providing unprecedented economic opportunities across the United States,” said Ali Jahangiri, CEO of the Opportunity Zone Expo. “By providing tax incentives, they are benefiting not only local and national investors, but thousands of local communities that will reap the benefi
IRVINE, Calif. (PRWEB)
December 13, 2018
To meet the growing demand for investment in Opportunity Zones, which offers tax benefits for investments in low-income areas, the country’s largest Opportunity Zone Expo will be held in downtown Los Angeles on Jan. 25, 2019. The event, which will help professionals stay at the forefront of this booming trend and spur housing and commercial development in areas of need, is launched by the California company of Opportunity Zone Expo, the country’s leading education, networking and marketing platform for economic development.
Hundreds of industry professionals will attend, including fund managers, attorneys, real estate developers, tax specialists, investment banks, institutional investors and government officials. Featured keynote speakers for the expo include Nevada Attorney General Adam Laxalt and Congressman Alex Mooney of West Virginia.
Headquartered in California, the Opportunity Zone Expo guides industry leaders about beneficial tax incentives through the government’s new community development program established by Congress in the Tax Cuts and Jobs Act of 2017. Specifically created within the act are Opportunity Zones, which are low-income communities that are attractive for investment since they offer tax incentives to investors. There are 8,700 zones in all 50 U.S. states, five territories and Washington, D.C. Investors to the zones can defer capital gains tax by 10 percent after 5 years, 15 percent after 7 years or pay no tax after 10 years. The law also allows the creation of pooled investments into special Qualified Opportunity Funds.
“Opportunity Zones are providing unprecedented economic opportunities across the United States,” said Ali Jahangiri, CEO of the Opportunity Zone Expo. “By providing tax incentives, they are benefiting not only local and national investors, but thousands of local communities that will reap the benefits of revitalization, business investment and jobs. They’re a win-win for everyone involved, and our expo will bring together key players in the industry.”
There are hundreds of active Opportunity Zones across California and the nation, including in the counties of Los Angeles, Orange, Riverside, San Bernardino, Santa Barbara and San Diego.
The expo leans on its parent company’s longstanding history of organizing domestic and global conferences about investment, immigration and legislation. It provides a cutting-edge agenda with impressive keynote speakers and a wide spectrum of thousands of attendees.
For more information or to buy tickets, visit http://www.opportunityzoneexpo.com.
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Originally Published on December 14, 2018 at 08:41AM
Article published originally via “opportunity zone” – Google News https://www.prweb.com/releases/the_countrys_largest_opportunity_zone_expo_set_to_spur_economic_development/prweb15983366.htm