The Mann Report published an article by Tax Partner Kurt Koegl about opportunity zone funds.
The Mann Report
By Kurt Koegl, Partner, Tax & Business Services
It’s a mad dash from the day an investor earns capital gain, to investment in a QOZ, to closing on Opportunity Zone property, to construction/renovation. It’s not surprising this has caused confusion as dealmakers struggle to get the stars to align to meet the strict timing required for everything to work. All the while, the tax deferral benefit and basis step-up window is closing as we move closer to December 31, 2026.