In this episode, Real Estate Tax Director Art Lieberman explains Opportunity Zones, the first step for developers and investors and some of the rules around Qualified Opportunity Funds.
Opportunity funds are going into their sixth year since their 2018 launch. They got off to a slow start as the IRS struggled to issue guidance on the many statutory rules applicable to these funds while the states struggled to designate the areas eligible for qualified opportunity fund investments. Covid also became a challenge, causing the IRS […]
At the end of 2017, the Tax Cuts and Jobs Act introduced the concept of Qualified Opportunity Zones (QOZs) to help incentivize private investment into revitalizing economically distressed communities throughout the U.S., the District of Columbia and five U.S. territories. In return for their investments into these state designated QOZs, private individuals and businesses can […]
In this episode Director of Real Estate Tax Services Eric Green explains the benefits of participating in Opportunity Zones as a developer, investor or fund manager.