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Podcast: The Meb Faber Show - Better Investing
Episode: Steve Glickman - Opportunity Zones: Ultimately, If You Hold for…10 Years or More…You Don’t Pay Any New Capital Gains – Ever | #115
Description: In Episode 115, we welcome entrepreneur and opportunity zone expert, Steve Glickman.Meb jumps right in, asking “what is an opportunity zone?”Steve tells us about this brand-new program that was created this past December. Most people don’t know about it yet. It was the only bipartisan piece of the Investing in Opportunity Act, which was legislation packed into the tax reform bill.Opportunity zones were designed to combine scaled investment capital with lower-income communities that haven’t seen investment in decades. You can essentially roll-over capital gains into opportunity funds – special investment vehicles t...