Key Takeaways:
Opportunity zones are still active and viable, despite some thinking the program has expired
The biggest benefit is the ability to defer capital gains taxes until 2026 and then potentially avoid them entirely if the investment is held for 10 years
Investors can set up a qualified opportunity fund (QOF) to hold their investments and get the tax benefits, rather than having to invest directly in a property
The QOF structure provides flexibility, as investors can buy and sell properties within the fund without affecting the 10-year holding period
Opportunity zones can also be used for estate planning purposes to avoid or minimize estate taxes
The Commercial Real Estate Investor Podcast