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Luncheon: Opportunity Zone Investment Panel

February 11, 2021 11:30 AM - 1:30 PM (EST)

Description

Opportunity Zone Development Panel

Thursday, February 11, 2021


Are you familiar with Opportunity Zones, perhaps the greatest tax incentive in American history? Opportunity Zones offer tremendous potential for Builders, Developers, Contractors, Architects, and Realtors who understand the nuances associated with these complex investments. When potential clients come into your office looking for someone with opportunity zone project experience, impress them with your knowledge, and let them know they can count on you.


Opportunity Zones are designated census tracts where qualifying capital investments made into properties located within the zone can potentially qualify for unbelievable tax benefits. Any taxpayer (individual or business) who sells an asset with an existing capital gain, and reinvests capital equaling their capital gain into Opportunity Zone property, defers paying tax on their capital gain until December 31, 2026, and reduces their tax payment by 10%. Most significantly, Opportunity Zone investments held for ten years can be sold 100% tax-free, so long as some complicated requirements (including construction requirements) are met.


Join us at NEFBA on Thursday, November 19, 2020, from 11:30 to 12:30, for our Opportunity Zone Development Panel that will walk you through the complex world of Opportunity Zone investments. Our panelists will provide you the information you need to distinguish yourself when potential clients come into your office, saying they have a QOF with a multi-story residential development planned. Our panelists will also identify local resources available to assist you throughout the project and offer expert insight into construction strategies that can be utilized during development to ensure compliance with all Opportunity Zone requirements.



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Contact Information

NEFBA
Name: Corey Hacker
Phone: (904) 421-0292
Email: chacker@nefba.com
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