Opportunity Zones & Funds – A High Level Overview For Real Estate Investors

Opportunity Zones and Opportunity Funds were introduced in December of 2017 as a part of the Tax Cuts and Jobs Act with goal of fostering capital investment in areas of the country where capital investment has lagged behind.  The Opportunity Zone legislation was a scant 2 pages which required that the IRS further define the details of how Opportunity Zones would work – The IRS continues to provide guidance, with update released in October of 2018, more guidance is expected in Q2 2019.