OppZone – Projects

Darnell Sutton, Leads Municipalities into the 21st Century, Smart Cities and Developing Opportunity Zones

Hollywall Development Company’s (HWDC) Founder/President & CEO, Darnell Sutton, Leads Municipalities into the 21st Century as Smart Cities and in Developing Opportunity Zones WASHINGTON, DC / ACCESSWIRE / May 31, 2019 / Darnell Sutton, Founder/President & CEO of Hollywall Development Company, LLC., (HWDC), a subsidiary of Hollywall Entertainment, Inc. (OTC PINK: HWAL) continues to lead…

Morgan Stanley- Qualified Opportunity Zones –– A New Investment Possibility- Published September 2018

When the Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017 (P.L. 115-97), it opened the possibility for tax-incentivized investments into economically-distressed communities, designated as Qualified Opportunity Zones (QOZ), in every state and territory. Taxpayers with unrealized capital gains may be able to sell or dispose of their appreciated assets…

Opportunity Zones Frequently Asked Questions

Q. What is an Opportunity Zone? A. An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S.…