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What is Capital Gains Tax?

By About OZ No Comments

The capital gains tax is a levy you pay when you sell an asset that has increased in value since you bought it. Your capital gains tax rate can be 0%, 15%, or 20% depending on your income and your tax filing status. Certain assets are taxed at different rates depending on what they are and the situation.

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All About Opportunity Zones

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Opportunity Zones are defined as “economically distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment.” Simply understanding the mechanisms of OZs creates a major barrier to entry for more socially-minded investors.

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Why life on the coast is ideal for you

By Opportunity Zone No Comments

If you have been thinking about purchasing real estate close to the sea, you may be creating a list of pros and cons. Of course, real estate on the coast comes with a premium price tag compared to property that is located far off the coast. However, there are some significant benefits to living on the coast that will far outweigh the financial cost of coastal property. When you learn more about these benefits, you may make the decision that life on the coast is ideal for you.

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The Style of Urban Life

By Opportunity Zone No Comments

Do you know what urbanization is? If you don’t, you will learn about it with this article. In simple terms, urbanization is when people move from the country to an urban area to seek a better way of living. People who live in the country don’t have the same opportunities to succeed as people in the city do, affecting their quality of life. This is why they choose to move to the city so they can have better lives. This could be a good decision or a bad one. There are advantages and disadvantages to living in urban areas, and here is a list of the pros and cons of urbanization.

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