Shell Real Estate Services is helping its clients to invest in Qualified Opportunity Zone projects throughout the states of Texas and Hawaii. These projects can range from $500,000 to $50,000,000. This new investment tool allows for a variety of asset classes and for investors to be as involved or as hands off as they would like.
Shell Real Estate Services was recently referenced in a KUT article regarding Opportunity Zone Investments titled, "'Opportunity' Knocks? Austin Doesn't Quite Know What To Do With Areas Picked For Federal Tax Breaks". If you would like more information on Opportunity Zone Investments, we recommend reading the articles below.
We would be happy to meet with you to discuss if your investment goals and strategy could benefit or be enhanced by an investment in an opportunity Zone.
Treasury Department's press release with link to original 169 page document.
Michael Novogradac boils down the 169 pages of new guidance.
Michael Novogradac dives deeper into specific areas of concern with regards to OZ investments.
A good overview of Opportunity Zones.
A brief overview of Opportunity zones by Novogradac.
A look at Opportunity Zones and their implications for communities and investors.
Governor Greg Abbot designated 628 census tracts in 145 counties as opportunity zones.
Here are some FAQs from the Internal Revenue Service.