New proposed regulations on opportunity zones were issued in May of 2019. We are happy to provide you with this eBook, written by Greenberg Glusker Partner, Schuyler (Sky) M. Moore, which incorporates these proposed changes.

From the eBook: "The 2017 Tax Cuts and Jobs Act provides significant tax benefits to any taxpayer that recognizes capital gain and that invests an amount equal to the gain to acquire an interest in a “Qualified Opportunity Fund,” which in turn invests in certain low-income areas designated by each state. This article provides a summary of the Opportunity Zone legislation and proposed regulations. Although the regulations are only proposed, they state they can be relied on now if they are applied in their entirety and in a consistent manner."