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Map from Housing and Urban Development Opportunity Zone Locator
Map Credit: Housing and Urban Development Opportunity Zone Locator

By: Alex Griffin
Investment Associate | Beman Group

Blanchard and Calhoun Real Estate | Commercial Division

Government incentives are a great way for real estate investors to increase their return on investments. These incentives usually fall in 3 categories: (i) decreasing your individual tax obligation, (ii) lowering the total project costs, or (iii) lowering the project’s annual operating expenses. Let’s focus on four of these incentives available in most municipalities. (Note: I will focus on the programs available in Augusta, Georgia as this is my home market).

1.     Federal Opportunity Zone.
The Federal Opportunity Zone is the newest government program designed to boost

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