Four of our six counties have designated Opportunity Zones: Delta County (3), Montrose County (3), Gunnison County (1) and San Miguel County (1). They are an incentive for investors to support distressed communities through long-term, equity investments in businesses and real estate ventures. The incentive provides deferral, reduction and potential elimination of certain federal capital gains taxes.
Opportunity zones are a new federal incentive designated in the 2017 tax reform bill
Colorado Opportunity Zones
If properly executed, Opportunity Zones may help address a number of challenges in Colorado.
MORE ABOUT THE COLORADO OPPORTUNITY ZONES