Opportunity Zones News

IRS Building

Recap of Feb 14 IRS public hearing on Opportunity Zones

This past Thursday, February 14, the IRS Auditorium in Washington DC was packed to capacity with over 200 attendees as stakeholders spoke during the public hearing on proposed regulations: “Investing in Qualified Opportunity Funds” [REG-115420-18]. Hearing participants requested additional guidance on a wide variety of proposed regulations, with many suggesting improvements to the regulations that

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IRS Building

IRS hearing on opportunity zones scheduled for tomorrow

The IRS will hold a public hearing tomorrow, February 14 at 10:00 a.m. EST, to focus on proposed regulations regarding qualified opportunity zone funds. The hearing will take place in the auditorium of the IRS Building located at 1111 Constitution Ave NW in Washington DC. There are 177 comments from the last round of proposed

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Craig Bernstein

Craig Bernstein: Opportunity Zone Deal Flow

What does Opportunity Zone deal flow actually look like at the deal level, fund level, and investor level? And which Opportunity Zones are seeing the greatest amount of deal flow? Craig Bernstein is principal at OPZ Bernstein, which recently launched the OPZ Bernstein Opportunity Zone Fund. Craig has over 20 years of real estate experience,

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Thomas Morgan

Thomas Morgan: 1031 Exchanges vs. Opportunity Zones

What are some of the key similarities and differences between a 1031 exchange and an Opportunity Zones investment? And how do the investor profiles of the two programs differ? Real estate broker, developer, investor, and 1031 expert Thomas Morgan joins me today to discuss these topics and more. Note: this is Part 1 of my

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Amazon HQ2 location in Long Island City, New York

Amazon will not use Opportunity Zone tax break for HQ2

Amazon had been criticized for locating their HQ2 in an opportunity zone in Queens, New York. As it turns out, they will not be taking advantage of the tax break after all. From Bloomberg: “We will not be using the opportunity zone on this project,” Holly Sullivan, head of economic development at Amazon, told the

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Gerry Reihsen

Gerry Reihsen: Creating Positive Social Impact in Opportunity Zones

How do we prevent the Opportunity Zones program from becoming merely a subsidy for gentrification? How can we instead ensure that opportunity zone investments actually benefit the people who live in the designated zones so that they can participate in any subsequent economic upturn? Dallas-based entrepreneurial business attorney Gerry Reihsen is out to answer those

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