The IRS issued final QOZ regulations at the end of 2019, almost two years after Qualified Opportunity Zones (“QOZs”) were introduced to investors in the 2017 Tax Cuts and Jobs Act. These regulations finalized the proposed...more
1/17/2020
/ Capital Gains ,
Capital Losses ,
Community Development ,
Economic Development ,
Final Rules ,
IRS ,
Opportunity Zones ,
Pass-Through Entities ,
Property Improvements ,
Qualified Opportunity Funds ,
Real Estate Development ,
Safe Harbors ,
Tax Cuts and Jobs Act ,
Tax Deferral
This is Part II of a series of posts discussing the issues of Qualified Opportunity Funds (QOFs) that need to be considered when investing in non-real-estate-businesses. Part I of this series discussed the newest guidance for...more
The Treasury Department has issued two sets of proposed regulations concerning the tax benefits available to taxpayers who invest in Qualified Opportunity Funds (QOFs). The first set of proposed regulations (published in...more
7/16/2019
/ Capital Gains ,
Community Development ,
Investment Funds ,
IRS ,
Opportunity Zones ,
Proposed Regulation ,
Qualified Opportunity Funds ,
Real Estate Development ,
Real Estate Investments ,
Safe Harbors ,
U.S. Treasury
Your application to receive a state or municipal economic development grant for your real-estate development project has been approved. That’s good news! The bad news is that the grant might be taxable income, thanks to the...more
4/24/2019
/ Economic Development ,
Grandfathering Rules ,
Grants ,
Internal Revenue Code (IRC) ,
Limited Liability Company (LLC) ,
Mortgage REITS ,
Partnerships ,
Real Estate Development ,
REIT ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Taxable Income
The highly anticipated Tax Cuts and Jobs Act is expected to be signed into law in early 2018. This Act when signed will be the largest tax reform since 1986 and as a result, can affect many aspects of your business. Here...more