Find out what options taxpayers have who acquired land before establishing a QOF or QOZB.
A new study from a property database company has found that a majority of Opportunity Zones in the United States saw increases in median home prices within the last year, a trend that indicates the zones are also experiencing the same nationwide housing market boom as their more affluent neighbors.
Opportunity Zone Magazine StaffOpportunity Zone attorney Kostas Poulakidas shares his observations regarding the trends in the market and the latest developments, as well as talking about his experience in the OZ space.
Opportunity Zone Magazine StaffIt is important to have the conversation of how local policymakers can protect Opportunity Zone residents from rising home values and related property tax increases that could potentially displace current homeowners.
Alfonso Costa Jr.Research and industry insiders say ESG criteria — or judging an Opportunity Zone investment’s merits based on environmental, social and corporate governance — is often helping sway where dollars go and where they don’t.
Opportunity Zone Magazine StaffTax attorney Matthew Rappaport talks about his experience in the Opportunity Zone industry, the latest developments, and his opinions regarding OZ regulation.
Opportunity Zone Magazine StaffThe designated Opportunity Zone boundaries will remain unaffected by changes in the 2020 decennial census, the Internal Revenue Service (IRS) confirmed today.
Opportunity Zone Magazine StaffA pair of UC Berkeley economist researchers have recorded nearly $19 billion of Opportunity Zone (OZ) investments made in 2019 that got spread across some 1,300 census tracts in the United States.
Opportunity Zone Magazine StaffProposed OZ regulations offer flexible rules for “Working Capital Safe Harbor” changes caused by COVID and how foreigners can take advantage of the Opportunity Zone tax incentive.
CPA and tax accountant María de los Ángeles Rivera talks about the unique position of Puerto Rico in the OZ space and her experience in the field.
Opportunity Zone Magazine StaffThe Opportunity Zone program in New York may be slowing down following state lawmakers’ controversial decision to decouple the bulk of the program’s tax incentive.
Opportunity Zone Magazine StaffThe Opportunity Zone (OZ) program may be getting a longer lifespan under bipartisan legislation recently introduced in the House of Representatives.
Opportunity Zone Magazine StaffLearn more about the recently introduced IMPACT Act, which includes impact reporting requirements that will provide the necessary data to measure the effects of the Opportunity Zones initiative.
Developers and officials from Bay County, Fla., have broken ground on a hotel project that’s being seen as a key regional revitalization and recovery effort following the devastation caused in the region by 2018’s Hurricane Michael.
Opportunity Zone Magazine StaffWhat impact will the redrawn census tracts from the 2020 census have on the OZ program? What happens when the boundaries change or remove existing Opportunity Zones?