Tamarac Opportunity Zones
Tamarac is home to two designated Opportunity Zone areas, providing a unique chance for investors, developers, and businesses to capitalize on tax benefits while contributing to the city’s revitalization.
Tax Benefits and Incentives:
1. Deferred Capital Gains Taxes: Defer federal taxes on prior gains invested in a Qualified Opportunity Fund.
2. Tax-Free Appreciation: Potentially eliminate federal taxes on appreciation of your investment.
3. Streamlined Approvals: Enjoy expedited permitting and approval processes, facilitating a smoother development experience.