Enacted as part of the Tax Cuts and Jobs Act of 2017, Opportunity Zones were designed to provide significant tax benefits to incentivize long-term investment in economically-distressed communities. This discussion will include subjects such as the benefits of Opportunity Zones, administrative guidance (including proposed regulations), unlocking Opportunity Zone benefits for both enterprise creation and real estate development, and special structuring issues relating to the creation of Qualified Opportunity Funds.
Topics Include:
- Overview of the Qualified Opportunity Zone legislation
- Why invest in a qualified opportunity fund (QOF)?
- What gains qualify?
- What is a QOF, including typical structures?
- What is a qualified opportunity zone business property?
- What is a qualified opportunity zone business?
- What are some of the significant open questions with QOFs?
- What are issues for sponsors?
- Why combine a REIT with a QOF?
Webinar Recording
For more information, please contact Diana Lauritson at [email protected].
People
Related Insights
26 July 2024
Video
Ten Minute Interview: Art Ownership
Brian Lucareli, director of Foley Private Client Services and co-chair of Foley’s Family Offices group, sits down with Lindsey Birch, associate and member of our Intellectual Property practice group, for a 10-minute interview to discuss art ownership.
26 July 2024
Foley In Fashion
Passing the Torch: Technology in the Opening Ceremony Fashion at the Paris Olympics
With the 2024 Olympic Games set in Paris, France, one of the world’s fashion capitals, athletics and aesthetics collide to take center stage at the much-anticipated opening ceremony.
25 July 2024
Foley In Fashion
SHEIN’s $1.9 Million Data Breach: A Cautionary Tale for Online Fashion Brands
The New York Attorney General fined fast-fashion company, Shein Distribution Corporation, $1.9 million for failing to properly handle a data breach in late 2022.