Qualified Opportunity Zones – Final Regulations Update

Grassi will participate in a live CPE webinar presented by AccountantsWorld to explain the answers we’ve all been waiting for on Qualified Opportunity Zones. Shashi and her co-presenter will highlight the most significant areas of the IRS’s final regulations on this tax-savings vehicle, including:

  • Requirements for an entity to qualify as a Qualified Opportunity Fund (QOF) and Qualified Opportunity Zone Business (QOZB), including the original use test
  • Treatment of Section 1231 gains and installment sales
  • Inclusion events
  • Additional flexibility and timing to invest capital gains
  • Partial disposition of QOF interest and reinvestment of gain
  • Disposition of investment after the 10-year holding period

CPE Credits Awarded: 1 CPE
Course Level: Basic. No prerequisites
Field of Study: Taxes