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The Untapped Potential of QOFs in the Energy Sector
As we near the September 11 Deadline, several investors are seeking out Qualified Opportunity Zones (QOZs) to defer their capital gain taxes. Plus, if investors hold their investment for a decade, it’s possible they won’t pay any capital gains taxes at all. With all the rising interest in Opportunity Zones, there’s been even more interest in aligning QOZ investments with the energy sector, specifically oil and gas. The energy sector has huge potential, and in this article, we’ll explore what that potential looks like.