Opportunity Zone Investment Program – St. Mary's County (Lexington Park)

Opportunity Zones (O-Zones) are federally designated areas targeted for economic development. Investors who direct capital gains into the Lexington Park Opportunity Zone in St. Mary's County can receive special federal tax benefits, including deferral of capital gains taxes, a reduction in the tax owed after 5 or 7 years of investment, and a permanent exemption from capital gains tax on gains accrued after 10 years of investment. Eligible investments include single-asset real estate, company...