Pasco Opportunity Zone

Franklin County/Pasco Opportunity Zones


What is an Opportunity Zone?

Special designated census tract where certain investments are eligible for preferential federal tax treatment.

How do I take advantage of the benefits of a Opportunity Zone?

When you have a sale of an asset or investment that triggers a capital gains tax you can reinvest that income in a Pasco Opportunity Zone. The new investment allows:

  • Deferral of capital gains for up to ten years
  • Partial abatement at years five, seven, and ten
  • No accrual of tax on new investment if held for ten years or more

DEVELOPMENT AREAS IN THE PASCO OPPORTUNITY ZONE

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