Hi
I purchased a house in PR last year and planning on major renovations to start end of the summer. I've been reading on the Opportunity Zone Laws recently implemented and the additional local laws PR has been trying to pass or already passed which are supposed to trim your construction taxes, etc
However I can not find legible information which properly explains the process of how to approach this, where to apply, etc
Just vague articles talking about writing a statement of intent to the Committee (what committee???) and if approved applying for the tax break.
Has anyone tried this already or can point me at the right direction?
Thank you