The Bolsheviks Hate Opportunity Zones. But They’re Working.

by Simon Black
Sovereign Man

Lately I’ve been looking at a number of office buildings in San Juan– I own two businesses that are based here in Puerto Rico, and it’s about time the team moved to a larger space.

I was really impressed with what I saw– there are a number of compelling new commercial real estate projects in Puerto Rico right now… and almost all of them are due to the Opportunity Zone legislation.

We’ve talked about this a few times before: Opportunity Zones are areas that have been deemed ‘economically underdeveloped’. And qualifying investments that take place within those Opportunity Zones are eligible for incredible tax breaks.

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