Demystifying Opportunity Zones, Part I


Manage episode 230957171 series 2462522
By Scott Kingsley and Houston Chronicle. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

For the first time in his 40-year legal career John Ransom, has been getting cold calls from people with technical tax questions. Specifically, they're asking about Opportunity Zones, a program created in the 2017 tax overhaul to spur economic development in low-income neighborhoods while offering investors potentially large tax breaks. John Ransom, a partner and tax specialist with the Jackson Walker law firm, joins Nancy and Rebecca to talk about how Opportunity Zones could boost real estate values and improve struggling neighborhoods. Though there may be unexpected consequences, as well.

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