Seizing on opportunities in Opportunity Zones

A St. Petersburg company has established a multimillion dollar fund aimed at taking advantage of Opportunity Zone tax benefits

  • By Kevin McQuaid
  • | 6:00 a.m. May 24, 2019
  • | 0 Free Articles Remaining!
MARK WEMPLE — Thomas Ablum and partners have formed a fund to take advantage of Opportunity Zones' tax benefits.
MARK WEMPLE — Thomas Ablum and partners have formed a fund to take advantage of Opportunity Zones' tax benefits.
  • Commercial Real Estate
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Real estate attorney Roman Petra had a feeling that President Trump’s affinity for property might translate into benefits for investors when his administration proposed sweeping tax reform legislation.

 So when the Tax Cuts and Jobs Act of 2017 was signed into law, the Nelson Mullins Broad and Cassel attorney dug in.

 

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