Missouri Secretary of State Jay Ashcroft has announced the Office’s Securities Division has issued an advisory raising awareness of the risks associated with investments in opportunity zones, where new investments in economically-distressed communities may be eligible for preferential tax treatment as part of the 2017 Tax Cuts and Jobs Act.
A news release from Ashcroft’s office says investors attracted to opportunity-zone investments for the potential tax benefits and promise of return on investment should weigh various factors before deciding to invest. The advisory discusses how opportunity-zone investments work, the risks investors should understand when considering opportunity-zone investments, and steps investors can take to protect themselves.
The full advisory is available on the division’s website, sos.mo.gov. For more information on opportunity zones in Missouri, visit the Missouri Department of Economic Developments website, ded.mo.gov.
Before making any financial decisions, you are advised to ask questions, do your homework and contact Missouri Securities Division at the website, missouriprotectsinvestors.com.