Qualified Opportunity Zone Funds

Overview

Our multidisciplinary team of attorneys regularly helps individuals, corporate investors, and real estate professionals understand the legal requirements and processes to obtain tax credits, as well as techniques to ensure deferral reduction or exclusion of capital gains in Qualified Opportunity Zone Funds. We have assembled attorneys in our Opportunity Zone group who are collectively focused on tax, fund formation, real estate, securities, and corporate legal matters to help our clients navigate the laws associated with Opportunity Zones and benefit from the significant opportunity to invest their capital gains.

How We Can Help

We advise clients on:

  • investing in Qualified Opportunity Zone Funds
  • tax benefits that Opportunity Zones provide
  • formation of a committed capital or syndicated fund
  • deferral or reduction of capital gains on the sale of stock business assets or other property and the appreciation exclusion
  • complying with tax obligations
  • determining and meeting eligibility requirements of Opportunity Zones defined by census tracts
  • securities law compliance
  • avoiding payment penalties due to failure of the 90 percent test
  • selling Opportunity Zone Fund investments

“The formation of a committed capital or syndicated fund is a remarkable opportunity for high net worth taxpayers to defer gains (and potentially exclude future gains) which will incentivize investment in designated census tracts.”

– Michael Sanders, Joint Ventures Involving Tax-Exempt Organizations