Opportunity Zones are census tracts that are defined by the Internal Revenue Service (IRS) as “economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.” They were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017. (opzones.ca.gov)
Housing Forecast for 2019
What’s in store for Housing Prices, Flipping, Mortgage Rates? Diane Olick discusses the possible reason for decreasing home values, Ryan O’Hara (CEO Realtor.com) talks about hos flipping homes is turning into a difficult way to make money.