Opportunity Zones News

Family Office Strategies for Opportunity Zone Investing

Family Office Strategies for Opportunity Zone Investing

How are family offices investing in Opportunity Zones? And what are some of the biggest considerations that family offices take into account when deploying an Opportunity Zone investing strategy? Jeff Feinstein of Pinnacle Partners, John Sciarretti of Novgradac & Company, and DJ Van Keuren of Evergreen Property Partners join Jimmy Atkinson on today’s webinar. Webinar Highlights Brief overview of Opportunity Zones. Trusts and estate related matters, including GSTs. Selling real estate located in an Opportunity Zone. Pre-TCO Opportunity Zone projects for cash flow. Opportunity Zones as impact/ESG investing. Opportunity Zones under the Biden administration. The latest data on how family

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Jimmy Atkinson

Announcing OZ Pitch Day 2021

If you’re an investor with capital gains, how can you find your Opportunity Zone investment and get invested before the newly extended deadline of March 31, 2021? OpportunityDb’s OZ Pitch Day 2021 online event is coming to help. OZ Pitch Day 2021 will take place on Tuesday, March 9, 2021 and will feature educational content and pitches from roughly one dozen Qualified Opportunity Funds. Click the play button below to listen to today’s episode and learn more about the event. Episode Highlights When your Opportunity Zone investment deadline may be. The benefits of attending OZ Pitch Day 2021 as an

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Steve Glickman

How Opportunity Zones Can Succeed, with Steve Glickman and Ira Weinstein

How can five different groups of Opportunity Zone stakeholders come together to make the program a success? And what can we expect the Biden administration to do with Opportunity Zones? Steve Glickman is founder and CEO of Develop LLC, an Opportunity Zones advisory firm, and was previously co-founder and CEO of the Economic Innovation Group. Ira Weinstein is managing principal and Opportunity Zones practice leader at CohnReznick, a professional services firm. Click the play button below to listen to my conversation with Steve and Ira. Episode Highlights How community development needs have evolved and become even more urgent as a

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Ashley Tison

Key Opportunity Zone Deadlines for 2021, with Ashley Tison

Why is 2021 expected to be a big year for Opportunity Zones and what are some of the key deadlines that investors and fund issuers should be aware of? Ashley Tison is an Opportunity Zone consultant and attorney based in Charlotte, North Carolina. Along with Jimmy Atkinson, he is co-founder of OZ Pros, an Opportunity Zone advisory firm. Click the play button below to listen to my conversation with Ashley. Episode Highlights The five different relief extensions granted by IRS Notice 2021-10: 180-Day Investment Requirement 30-Month Substantial Improvement Period for QOFs and QOZBs 90-Percent Investment Standard for QOFs Working Capital

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Will Walker

Finding Opportunity Zone Investors in 2021, with Will Walker & Jeffrey Maganis

What are some of the best ways to find Opportunity Zone investors in 2021? Jeffrey Maganis is co-founder of Crowdcreate, a digital marketing company that focuses on investor outreach for private equity funds. Will Walker is Crowdcreate’s director of business development. Click the play button below to listen to my conversation with Will and Jeffrey. Episode Highlights Who Crowdcreate is and some of the innovative ways they perform investor outreach for Opportunity Zone deals. Ways to find local and national Opportunity Zone investors. Tapping your local network; tapping the local universities. Local real estate groups. Examples of Opportunity Zone funds

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IRS Building

New IRS Notice Extends Several Opportunity Zone Deadlines

Taxpayers who recognized a gain in 2019 may now have until March 31, 2021 to invest in a Qualified Opportunity Fund, according to a new notice issued by the IRS. On the evening of January 19, IRS issued Notice 2021-10, which automatically extends several deadlines that had previously been extended under Notice 2020-39 issued on June 4, 2020 and Notice 2020-23 issued on April 9, 2020. Update 1/27/21: I recorded a podcast episode that goes into great detail on all of the deadlines extended by this notice. Click here to listen now. Perhaps most notably, the new notice extends the

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mic

The Most Popular OZ Podcast Episodes of 2020

The Opportunity Zones Podcast will return next week with new episodes for 2021. But in the meantime, here are the most popular episodes of the show in 2020 (presented in reverse chronological order). Highlights include interviews with Opportunity Zone experts across several industries, including Ashley Tison, Tony Nitti, Dan Kowalski, Jim Sorenson, Erik Hayden, Travis Steffens, Emily Lavery, Garth Everhart, Clem Turner, Mike Novogradac, Riaz Taplin, and more. How to Be a Shrewd Opportunity Zone Investor, an OZ Pitch Day PanelDec 23, 2020 — What does it take to be a shrewd Opportunity Zone investor? Several Opportunity Zone experts provided

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Jimmy Atkinson

How to Be a Shrewd Opportunity Zone Investor

What does it take to be a shrewd Opportunity Zone investor? Several Opportunity Zone experts provided their insights on a live panel recorded on November 17, 2020 during OZ Pitch Day, titled “Being a Shrewd Opportunity Zone Investor.” Today’s podcast episode is the audio version of that panel. Moderated by OpportunityDb founder Jimmy Atkinson, the panel featured Dave Kunz of Hall Venture Partners, Rocco Forino of DealConnectHub, Jeffrey Maganis of Crowdcreate, Chris Cooley of OZworks Group, and Gerry Reihsen of Coasis Coalition. Click the play button below to listen to the audio recording of the panel. Or, for the video

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Riaz Taplin

Workforce Housing in Opportunity Zones, with Riaz Taplin

Why should investors consider workforce housing as a stable Opportunity Zone investment strategy? Riaz Taplin is principal and founder of Riaz Capital, an Oakland-based developer and operator of workforce housing specifically focusing on how to address the changing housing need of the millennial generation. Click the play button below to listen to my conversation with Riaz. Episode Highlights The origin of the nation’s housing crisis, and who is most affected by it. How urban planning regulations have resulted in what amounts to a tax on housing. The future of the city, and why they may continue to be viable in

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Ashley Tison

Last-Minute Opportunity Zone Strategies for 2020, with Ashley Tison

With just a few weeks left in the year, what are some last-minute strategies and options to keep in mind for Opportunity Zone investors? Ashley Tison is an Opportunity Zone consultant and attorney based in Charlotte, North Carolina. Along with Jimmy Atkinson, he is co-founder of OZ Pros, an Opportunity Zone advisory firm. Click the play button below to listen to my conversation with Ashley. Episode Highlights Deadlines and extensions that apply at the investor level, Qualified Opportunity Fund (QOF) level, and Qualified Opportunity Zone Business (QOZB) level. Why a QOF may want to drop cash into a QOZB prior

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