Invest in DeSoto, TX's Prime Location: Explore the Benefits of our Opportunity Zone

DeSoto's strategic location in Dallas County includes an Opportunity Zone, which offers significant advantages for businesses and investors. In Census Tract ID 48113016621, this Opportunity Zone provides tax incentives for equity, partnership, and property investments. Investing in this zone could lead to deferred or eliminated federal taxes on capital gains, making it an attractive option for businesses and individuals looking to maximize their investments.

New Markets Tax Credit

The New Markets Tax Credit (NMTC) encourages investment and development in low-income communities, like those in DeSoto, by offering tax credits to investors who make equity investments in specialized investment vehicles, referred to as Community Development Entities (CDEs). Investors can claim a 39% credit on their equity investment over a 7-year period. DeSoto has multiple census tracts that are NMTC qualified, including the tract located in DeSoto’s Opportunity Zone, making it an attractive destination for investors looking to benefit from the NMTC program.

Contact us today to learn more about how you can benefit from investing in DeSoto's Opportunity Zone and New Markets Tax Credit opportunities.