Bordered by I-35E and located just south of I-20, DeSoto has the most strategically located Opportunity Zone in Dallas County (Census Tract ID 48113016621).
Opportunity Zones allow developers and investors to defer capital gains taxes for up to 9 years on gains invested in those designated zones through a Qualified Opportunity Fund. The program was authorized by Congress in the Tax Cuts and Jobs Act of 2017 and provides a tax incentive for investors to reinvest their unrealized capital gains into Opportunity Funds.