Category: News

About Opportunity Zones

Opportunity Zones are a bipartisan provision of the Tax Cuts and Jobs Act of 2017 championed by Senators Tim Scott (R-SC) and Cory Booker (D-NJ).
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Tax Incentives for Investors

Temporary Tax Deferral: An investor may defer recognition of income associated with any current capital gains realized (but not yet recognized for federal tax purposes by the private investor) that are reinvested into an Opportunity Fund.
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Assets Eligible for Investment

Real estate and businesses (i.e., LLCs, corporations, partnerships, etc.) located in Opportunity Zones are generally eligible for investment. Federal Treasury Regulations provide additional detail about qualifying investments
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Workforce & Talent Pool

Education and a commitment to research have long been a key part of life and business in North Carolina, and Fayetteville and Cumberland County put you conveniently close to everything the state has to offer. In addition to North Carolina’s nationally known higher education institutions, such as North Carolina State (Raleigh), Duke University (Durham), and University of North Carolina (Pembroke), […]
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Our full-service economic development organization knows how to help you while making the most efficient use of your time. We can help you through every step of the research process.

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