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Jake landed on a “middle ground” option, choosing to go to RBC to monetize his life’s work and recoup some of his deferred compensation. Overall, RBC had a more entrepreneurial culture, offering an extra support team member and a simplified and consistent compensationplan that no longer emphasized banking.
Qualified opportunity zone investments Qualified Opportunity Zones (QOZs) are economically distressed communities designated for investment to spur economic growth. Investments in these zones are made through Qualified Opportunity Funds (QOFs). Second homes used as residences may also qualify for environmental tax credits.
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