Opportunity zone tax break eligibility finalized by Treasury
Treasury yields move higher for third straight year for the first time in 36 years as the Fed hikes rates.An inflection point has been reached with the Fed and interest rates. The 10-year Treasury yield of 1.37% on July 8, 2016 marked the end of the 30-year bull market in bonds.
The regulations outline who qualifies for tax breaks and the penalties for breaking the rules
Investors looking to reap big tax breaks for putting money into low-income areas are getting clarity on what they can and can't do as the U.S. Treasury Department finalizes rules governing so-called opportunity zones.
The regulations released by the department on Thursday lay out what property an
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