Julio Gonzalez: Engineered Tax Services
Money Tree Investing
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Is There an Opportunity Zone in Porto Rico?
The tax rates there, if you are there for the prescribed period, which is the end of six months, plus, you know, go down to ultimately two to four %. And so obviously, that's a antial difference, right between what could be up to 30 % here on the federal side, plus the states side, depending on what state you're it. So that's a mass ove advantage for porto rico. We see, especially on the northeast, some of the hedge fund firms moving over to porto rICO and setting up shop there. You know, they're prospering from it. They're retaining more wealth, and theyre taking that wealth from the
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