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  VANAMBERGREALTY.COM
  • Home
    • Video - Air B&B
    • Video - Analysis in 2022
    • Video - Buy or Sell First?
    • Video - Crash of 2008
    • Video - Due Diligence
    • Video - Hard Money
    • Video - Tutorial Home Search
    • Video - USDA Loans
  • Find A Home
    • Search Instructions
    • Active Listings By Zip Code
    • Sold Listings By Zip Code
  • Visit Wilmington
  • Our Beaches
    • Wrightsville Beach
    • Carolina Beach
    • Kure Beach
    • Historic Fort Fisher
    • Topsail Island
  • Listing Services
    • NC RE Forms Sellers
    • Closed Listing - 5404 Sharp Acorn Ct.
  • Investors
    • Investor Rental Properties
    • Private Lenders
    • Asset Based vs Conventional
    • Borrower Overview
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Opportunity Zones
The concept for the Opportunity Zone was created by Senator Tim Scott of South Carolina and openly endorsed by President Trump.  The purpose of the legislation is to address deteriorating neighborhoods.  NC has 100 counties.  Each county was asked to identify two areas that would be identified as "Opportunity Zones".  We have two Opportunity Zone areas in New Hanover County.  One is near the college and the other is downtown near the historic district. 
​
I was hoping to put information on this website about the specifics of the new tax law, but after spending a great deal of time researching, I was unclear as to how to establish the property as a qualifying property.  The act provides some interesting tax opportunities.  One of them is that if you keep the property for 10 years your total capital gain is non-taxable.  I suggest you contact a tax lawyer before you purchase one of these properties.
​Van Amberg Realty
Brad Van Amberg, BIC
[email protected]
910-409-0032
  • Home
    • Video - Air B&B
    • Video - Analysis in 2022
    • Video - Buy or Sell First?
    • Video - Crash of 2008
    • Video - Due Diligence
    • Video - Hard Money
    • Video - Tutorial Home Search
    • Video - USDA Loans
  • Find A Home
    • Search Instructions
    • Active Listings By Zip Code
    • Sold Listings By Zip Code
  • Visit Wilmington
  • Our Beaches
    • Wrightsville Beach
    • Carolina Beach
    • Kure Beach
    • Historic Fort Fisher
    • Topsail Island
  • Listing Services
    • NC RE Forms Sellers
    • Closed Listing - 5404 Sharp Acorn Ct.
  • Investors
    • Investor Rental Properties
    • Private Lenders
    • Asset Based vs Conventional
    • Borrower Overview
    • Debt Service Coverage Ratio
    • Fix & Flip + Articles
    • Case Study
    • Q&A
    • Foreclosures
    • NC RE Forms Buyers
    • Opportunity Zone
  • Schools
    • Ashley HS
    • Career Readiness HS
    • Hoggard HS
    • Isaac Baer Early College
    • New Hanover HS
    • Southeast Techinal
    • Topsail
    • Wilmington Early College
    • Laney HS
    • School Districts
  • Meet Brad
    • Testimonials
    • Vendors >
      • Auto Body Repairs
      • Garage Doors
      • Power Washing
      • Home Inspection
      • Irrigation Systems
      • Surveyor
    • Senior Softball >
      • Hitting
      • Photos Page 2
    • Shag >
      • Shag Lessons