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Opportunity Zones – Updates

The recently passed Tax Reform Act included a potential tax break for investors. An investor may defer capital gains taxes on the sale of any asset. These taxes can potentially be deferred until December 31, 2026, or the date of a sale (whichever is earlier). In early April, we discussed The Tax Reform Act and the inclusion of an extraordinary tax break for investors, the new “Opportunity Zone” tax incentive program. During this new webinar, we go into great detail about updates on the program, as well as corrections to previous conceptual interpretations.

Here are a few of the highlights that are featured in the webinar:

  • Opportunity Zone (“OZ”) Overview
  • Advantages of OZ Vs. 1031
  • Tax deferral process
  • Tax reduction process
  • Elimination of future capital gains
  • Key Updates
  • Revision of Key Concepts
  • A Look Ahead

The Wall Street Journal cites Virtua Partners as a thought leader of Opportunity Zones and fund investments. Click here to read the article.

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