What qualifies as qualified opportunity zone property?
The TCJA made extraordinary changes to U.S. federal tax law which included a new tax regime relating to qualified opportunity zones to encourage private investment in distressed communities in the U.S. Investors that wish to defer capital gains recognized upon a sale or exchange of an asset to an unrelated1 party on or prior to December 31, 2026 can invest that gain in a Qualified Opportunity Fund (QOF), which in turn invests in so called “qualified opportunity zone property.” This white paper reviews the status of the Opportunity Zone program, tax benefits of investing in QOFs, and issues pertaining to sponsors and the formation of QOFs.
Agenda
Faculty
Lisa Brill
Shearman & Sterling LLP
- Partner and co-head of the Hospitality, Leisure & Gaming Industry Group in the office of Shearman & Sterling LLP
- Practice emphasizes all aspects of Real Estate, including acquisitions and dispositions, joint venture formations and financing transactions and has worked extensively representing both institutional investors and real estate operating companies in the investment, ownership and development of real estate
- Represents lenders in different types of financing transactions, including mezzanine loans, construction loans, mortgage loans and hotel financings
- Conducts regular seminars and workshops on numerous Real Estate subjects
- Author of several publications related to the areas of Real Estate in publications in The Real Estate Finance Journal and Real Estate Finance & Investment
- J.D. degree, Georgetown University; A.B. degree, Bowdoin College
- Can be contacted at [email protected] or 212-848-4536
Michael Shulman
Shearman & Sterling LLP
- Partner and Tax Team Leader in the office of Shearman & Sterling LLP
- Practice emphasizes all aspects of Tax, including taxation of financial instruments, real estate transactions, and the formation and operations of hedge funds, private equity funds and regulated investment companies
- Has wide-ranging experience in domestic and cross-border mergers, acquisitions and restructurings and has advised on numerous debt restructuring transactions
- Author of several publications related to the areas of Tax
- Chair of the Financial Transactions Committee of the American Bar Association
- LL.M degree, New York University, School of Law; J.D. degree, Vanderbilt University; B.A. degree, with honors, University of Chicago
- Can be contacted at [email protected] or 212-848-8080
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
Thank You!
Download White PaperMore Program Information
Access to all training products $699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
