Wednesday, February 28, 2024

Opportunity Zones webinar set for August 29

by BIZ Magazine

CRI in Shreveport is continuing its efforts to educate investors, developers, real estate professionals, architects, and contractors on Opportunity Zones with a free webinar this week.

A complimentary live webinar will be held from 10-11 a.m., Aug. 29, to navigate the ins and outs of the Qualified Opportunity Zones tax incentive.

The webinar is a follow up to the meetings and conferences hosted by CRI office in Shreveport over the past six months.

Opportunity Zone investments, the new tax incentive added by the Tax Cuts and Jobs Act of 2017, could be the most significant tax break in decades for taxpayers.

The Opportunity Zone program provides federal tax incentives for investing capital gains in Qualified Opportunity Zones but offering the deferral, reduction, and potential exclusion of tax on future capital gains.

The program is designed to drive long-term investment to low-income communities in need of revitalization.

This webinar will help attendees define Qualified Opportunity Zones, learn the potential tax incentives for investing in Qualified Opportunity Zones, interpret the latest guidance from the U.S. Treasury Department, and understand how to make the most out of this powerful new investment tool.

Course Learning Objectives:

  • Identify the qualifications of a Qualified Opportunity Zone and the determining factors of those qualifications
  • Pinpoint specific taxpayers who meet eligibility requirements of investing in Qualified Opportunity Funds
  • Understand the three primary tests to qualify as a Qualified Opportunity Fund
  • Define Qualified Opportunity Zone Business Property and the required percentage to be held to preserve a deferred gain
  • Delineate active conduct of a trade or business and the 50% rule for total Qualified Opportunity Zone business gross income within the Qualified Opportunity Zone
  • Understand the three tax benefits for a qualifying taxpayer, along with a comprehensive example
  • Determine specific triggering events of a deferred gain when either distributing cash or exiting the Qualified Opportunity Zone

You can register here:

You may also like