A first look at the IRS's proposed regulations on opportunity zones

The new Opportunity Zone Proposed Regs and Revenue Ruling 2018-29 call for longer treatment than the blog format allows. Attached here is a link to the Nixon Peabody alert.  We cover the how, what, when and who of Opportunity Zones, as well as a collection of other notable issues.  Most importantly, the Regs open the door to use market sensitive liquidity strategies and the ability to exclude land from various calculations. This allows interested parties to focus on getting capital into improvements and creating new business and development in low income communities.

Tags: AFHS Alerts