Opportunity Zones in Yuba City
The City of Yuba City has 4 Opportunity Zone Census Tracts that will
retain federal designation until 2026. Opportunity Zones allow Investors
to re-invest capital gains in an Opportunity Fund with the following
tax incentives:
- Temporary tax deferral for capital gains
- Tax reduction on capital gains (5 to 7 years)
- Elimination of taxes on gains from Opportunity Zone Investments (if held for 10 years)
Consult your attorney or accountant to learn how to use an Opportunity Fund to invest in qualified properties.