Eide Bailly Inspired Perspectives | Opportunity Zone Update

Description

Course Description:
The Opportunity Zone tax incentives program created as part of the 2017 Tax Cuts and Jobs Act continues to attract investor interest due to potential gain deferral as well as possible total gain exclusion upon exit (provided all requirements are met).

Join us for a discussion of what we are seeing in the marketplace, including common issues for self-directed Qualified Opportunity Funds, planning opportunities for existing land owners and what investors may consider as their Opportunity Zone investments mature.

We will also discuss possible legislative changes to the Opportunity Zone program that could modify the location of Opportunity Zones and require additional reporting, while also increasing the possible tax benefits for certain investors.

Learning Objectives:

• Examine the background of the QOZ program and potential tax incentives.
• Explore the requirements for operating a QOF.
• Discuss possible legislative changes.
• Identify ways to optimize the tax benefits when exiting a QOF.