The Tax Cuts and Jobs Act (TCJA), signed into law by President Donald Trump in December 2017, created the opportunity zone program to incentivize long-term capital investments in economically disadvantaged areas.
The Treasury released final regulations on December 19th and the guidance makes it easier for investor participation, delivers favorable rules for deal structuring, and provides more certainty which should increase the amount of operating businesses taking advantage of the program.
Qualified Opportunity Zones (QOZs) are primarily low-income census tracts that were nominated by each state, U.S. possession, and Washington, D.C. and then certified by the Treasury. By investing in QOZs, family offices and private equity firms can benefit from significant tax breaks for investment capital – including tax-free income.
Not only is this the hottest topic in the real estate industry but it has been described as one of the most beneficial tax reforms in decades. Join us as we shed light on opportunity zone final regulations, how they work, risks, benefits and some fundraising strategies.
- Obtain an overview of opportunity zones
- Gain insights on how the opportunity zone program works
- Gain a solid understanding of how the private equity industry can take advantage
- Learn the potential tax benefits
- Get the latest guidance from U.S. Treasury Department
Attendees can ask questions during the webinar.