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The new tax law has created a method of tax savings by providing tax benefits to taxpayers who reinvest capital gains into vehicles called Qualified Opportunity Funds.  These funds hold at least 90% of their assets in Qualified Opportunity Zone Property, which is property in low-income communities.  If taxpayers take advantage of this opportunity by investing in these funds by 2021 and holding them for at least five years, the law allows them to increase their basis in the initial … Continued