The biz journal is hyping this investment touted by the Feds . . . Whilst this might put many on a path to riches by way of government freebies, these sketchy deals have also put more than a few local investment deals behind bars.
Check the headline and a link to more info for subscribers . . .
KC Biz Journal: Real estate investors expected to unlock trillions as feds finalize Opportunity Zone rules. Here's where the money is likely to flow in Kansas City
Money line:
"Kansas has had 74 tracts approved, and Missouri 161.There are five zones in Kansas City — three east of Troost Avenue, one in Martin City and one in the Blue River Valley industrial corridor.
"The new rules are expected to trigger a flood of deal making among commercial property investors, particularly landlords with properties that have appreciated significantly in value over years, if not decades."
Developing . . .
Let's Make a Deal
ReplyDelete^^^ However, taxpayers please use front door; bend over immediately upon entering.
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