The 2017 Tax Cuts and Jobs Act established a new Qualified Opportunity Zones program promoting long-term investments in low-income areas, enabling tax incentives for those who invest in these targeted areas. Our team is well-versed in the program and guides clients through the whole investment process.
Tarter Krinsky & Drogin’s Qualified Opportunity Zones Practice is a multidisciplinary team that advises fund sponsors, developers, investors, and innovators on maximizing the full value of the Qualified Opportunity Zones Program. Comprised of tax, real estate, and corporate attorneys, our team creates a strategic approach to realizing and achieving the full investment potential of the program for clients’ business needs and helps implement to ensure compliance with the program’s legal requirements.
We assist clients in structuring deals that utilize the tax benefits of investing in qualified zones, offering insights that optimize the full extent of the program, including:
- Advising on securities regulatory considerations
- Identifying deal structures
- Meeting the eligibility tests for Qualified Opportunity Funds and Qualified Opportunity Zone Property
- Providing tax planning and compliance advice
- Structuring real estate and operating business investments
