Understanding the Legal Framework and Tax Incentives
Opportunity Zones Forum 2022
September 22, 2022
The panel discussed the following topics:
- IRS Guidelines – Brief Overview
- How do Law firms and Accounting firms stay up to date? How is the information reviewed and presented to clients?
- Examining new state legislations. Will interstate commerce become an issue?
- What are the top questions your clients are asking you? What should they ask you?
- 1031 exchanges vs. Opportunity Zones
- What is the value of the tax benefits?
- Which gains are eligible for deferral?
- Treatment of mixed fund investments
- Different hold period and different basis step-ups
- Treating a gain from sale or exchange