By Stephen J. Golder of Jenkins Fenstermaker, PLLC posted in Business on Thursday, July 18, 2019.
In this last of a four-part series, Jenkins Fenstermaker, PLLC, explores the myriad and varied Qualified Opportunity Zones in West Virginia, focusing in on current development projects in North Central West Virginia. West Virginia finds itself with loads of exciting prospects with the creation of Qualified Opportunity Zones and Qualified Opportunity Funds that were established by the Tax Cuts and Jobs Act (Public Law 115-97). West Virginia's numerous US routes (US 50, 119, and 250), ease of road transportation (via I-79 and I-68), and Corridor D and Corridor H, combined with the state's assorted industries and focus on hospitality and tourism, make the Mountain State an ideal location for potential investors.Investors from inside or outside the state are encouraged to consult WV QOZ attorneys to explore the opportunities in West Virginia. Exciting development projects in West Virginia abound but further opportunities await.
By Stephen J. Golder of Jenkins Fenstermaker, PLLC posted in Business on Thursday, July 11, 2019.
A drive through Charleston, West Virginia (WV) reveals the investments that are being made to grow business and enhance the local community. Savvy developers and investors who seek to capitalize on and lend to the city's progress now have an additional incentive in the form of tax benefits when efforts are focused in designated Charleston, WV Opportunity Zones.This article is the third in a series of four on the topic of Opportunity Zones in WV. An overview of Opportunity Zone basics was provided in the first blog of the series, while article two focused on development opportunities in Huntington, WV.