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Opportunity Zones Under Tax Reform

Date: Tuesday, June 26, 2018
Time: 1:00 - 2:40 pm EST

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00

 

Gain a better understanding of what Opportunity Zones are available under recent tax reform.

Enacted in recent tax reform (Tax Cuts and Jobs Act), Opportunity Zones has the potential to be the nation's largest tool for economic development and create a new asset class for community investments.

Graduated tax benefits are now available on unrealized capital gains when reinvested into Opportunity Funds and invested in distressed communities.

By mid-May, Treasury will have approved designations for all Qualified Opportunity Zones - places which are eligible to receive Opportunity Fund investments over the next decade - and the IRS is expected to deliver further guidance on Opportunity Fund certification by the end of June.

Things are still in motion as the Administration moves to finalize the law, so don't miss this overview where we will cover anticipated next steps and timelines.

Learning Objectives:

  • You will be able to define Opportunity Zones, Opportunity Funds and Qualified Opportunity Zones.
  • You will be able to describe what Opportunity Zones are and the new tax benefits they create for investing in distressed communities.
  • You will be able to explain what Opportunity Zones are to potential investors looking to manage capital gains.
  • You will be able to identify which communities will be eligible to receive investments through Opportunity Zones - Qualified Opportunity Zones.

This Live Webinar Covers These Hot Issues:

Background: Opportunity Zones

  • Details and History
  • Structure for Investing Capital

Status of Implementation of Law and Anticipated Timeline

What Investors Should Know

  • Tax Benefits for Opportunity Zones Investments
  • Eligible Investments
  • Examples of Possible Investments

What Fund Managers Should Know

  • Requirements for Opportunity Funds
  • Flexibility for Structuring Funds
  • Requirements for Managing Funds

Additional Resources

Credit Information (Sponsored by Lorman Education Services):

  • CLE
  • CPE
  • AIPB
  • NASBA
  • Enrolled Agents

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Instructor Profile:

Rachel Reilly, Enterprise Community Loan Fund, Inc.

  • Director of impact investing at Enterprise Community Loan Fund Inc.
  • Practice emphasizes all aspects of community development, including finance, public policy, and on-the-ground solutions in communities throughout the nation
  • Conducts regular seminars and workshops on impact investing
  • Author of several white papers related to the areas of impact measurement and advancing impact investing through public policy
  • Master's degree in real estate development and finance; B.A. degree, University of Maryland, College Park
  • Can be contacted at RReilly@enterprisecommunity.org or @RachelReillyC

(Not available outside the US)