Opportunity Zones
Opportunity Zones encourage private-sector investment in qualified zones by offering significant tax benefits, including tax deferral and exclusions of deferred gains over time.
What is an Opportunity Zone?
An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S. Treasury via his delegation of authority to the Internal Revenue Service.
This initiative is part of a federal effort to encourage long-term investments in underserved areas, fostering growth and revitalization.
Mesquite, located just 15 minutes from downtown Dallas, is home to several Texas Opportunity Zones, providing investors with an ideal location to take advantage of this program.
How Do Opportunity Zones Spur economic development?
Opportunity Zones drive economic development by providing attractive tax benefits to investors. The program offers two key advantages:
1.Tax Deferral on Prior Gains:
- Investors can defer taxes on previous gains when reinvested into a Qualified Opportunity Fund (QOF) until either of the below (whichever is earlier):
- The date the QOF investment is sold or exchanged.
- December 31, 2026.
2. Exclusions on Deferred Gains:
- Investments held for over 5 years qualify for a 10% exclusion of deferred gains.
- Investments held for more than 7 years increase the exclusion to 15%.
- For investments held 10 years or longer, the investor is eligible for an increase in basis of the QOF investment equal to its fair market value on the date that the QOF investment is sold or exchanged.
These tax benefits create powerful incentives for investors while driving long-term growth and revitalization in underserved areas.
Why Choose Mesquite for Your Opportunity Zone Investment?
Mesquite offers investors access to Opportunity Zones near Dallas with distinct advantages:
- Prime Location: Positioned near major highways and 15 minutes from downtown Dallas, Mesquite combines convenience with growth potential.
- Established Infrastructure: Mesquite boasts robust transportation networks, industrial parks, and commercial hubs, making it an attractive site for development.
- Strong Workforce: Businesses benefit from access to a skilled and growing workforce in the greater Dallas-Fort Worth area.
Mesquite’s inclusion in Texas Opportunity Zones presents an unparalleled opportunity for investors seeking both financial returns and community impact.
Learn More
Contact our team to learn more about opportunity zones in Mesquite, available properties, incentives, and support for your business.