How can property developers use Opportunity Zones?
If you’re already looking to develop in a certain area, it’s worth checking to see if there are any viable sites which fall within an Opportunity Zone.
Hopefully, you won’t have to adjust your strategy too much and you’ll get to benefit from a deferral or reduction in Capital Gains Tax. Plus, you’ll be helping to incentivize economic growth in the areas which most need new jobs and homes.
How can LandTech help?
LandInsight, our site-sourcing and assessment tool, lets you clearly see whether a site of interest sits within an Opportunity Zone in Florida and to gather all the information you need in a few simple clicks. This allows you to quickly establish whether you’re able to start the process of applying for tax benefits by developing here.
You don’t even have to leave LandInsight to perform your further due diligence checks. We have key data, such as demographics, zoning, hazards, and ownership information so you can make a judgment fast on whether your site is viable and will meet your business criteria.
No more checking between multiple different platforms to find the core data necessary to make decisions. Access all the information you need in one place.