16B — June 14 - 27, 2019 — New Jersey — M id A tlantic
Real Estate Journal
www.marej.com
THE PROFESSOR'S CHALLENGE
Question:
The Tax Cuts and Jobs Act was signed into law on December 22, 2017. It established Qualified Opportunity Zones throughout the United States. According to this new law, what is a Qualified Opportunity Zone? a. They are neighborhoods which are approved sanctuary towns and cities committed to welcoming refugees. b. They are geographic areas which Congress created to stimulate the economy through capital investment by foreign investors. c. They are regional areas along the east and west coasts designated by the President to spur development in artificial intelligence and blockchain investments. d. They are low income census tracts located in each state characterized as economically distressed communities. e. They are cities with populations greater than 1,000,000 people that have underperforming or vacant retail shopping centers in need of capital to revitalize and redevelop them. First correct answer emailed will receive a complimentary 6-month trial subscription to the Mid Atlantic Real Estate Journal! For more information on subscriptions to the journal go to marej.com/subs
All responses should be emailed to the Associate Publisher:
kbrunet@marejournal.com by June 25th 2019
Include your name & email address on all submissions. One submission per person. All decisions by the associate publisher will be at her sole discretion.
Meet The Professor Ronald M. Shapiro Assistant Professor of Professional Practice Finance and Economics Department Rutgers Business School Rutgers University
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