Opportunity Zones: Depending upon the purchase price of the property you start to see tax benefits after holding the property for 5, 7, & 10 years. If the property is held for 10 years the gain on the sale of the property is capital gains tax free, and the initial deferred capital gains tax from the investment price is also forgiven. Ideally, this property is held for 10+ years before re-sale for full value of these benefits.