Ask A Question

What happens with my OZ investments if the program sunsets on Dec. 31, 2026?


Answers
  • Maria De Los Angeles Rivera
    August 12, 2022

    What happens on December 31, 2026 is the statutory recognition of the deferred capital gains. If you keep the investment for at least 10 years since original investment, you will get the tax exemption of the increase in value.

  • Matthew Rappaport
    August 12, 2022

    There is no planned sunset. If the program does end up sunsetting, it depends on what subsequent legislation says.

  • Marko Belej
    August 11, 2022

    The opportunity zone (OZ) program "sunsets" on December 31, 2026 with respect to new investments in qualified opportunity funds (QOFs). Your existing QOF investments will continue to be QOF investments, although you will be required to recognize the gain you invested in the QOFs and deferred, in an amount equal to the lesser of the gain invested in each QOF and the value of such QOF, over your tax basis in such QOF.

  • DISCLAIMER: 

    the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.