Tax Consequences for Investors in the Opportunity Zone
The Opportunity Zone (OZ) incentive is a new community investment tool established by Congress in the Tax Cuts and Jobs Act to encourage long-term investments in low-income urban and rural communities nationwide. Opportunity funds are a new class of investment vehicle that aim to responsibly drive much-needed capital into rural and low-income communities. In this webinar, we will discuss what qualifies as an OZ, the tax incentive and how to invest to Qualified Opportunity Funds.
Upon completion of this program, participants will be able to:
- Identify the tax benefits of investing in the OZ
- Distinguish what is “eligible gain”
- Distinguish which OZ qualifies