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Opportunity Zone Deadline

Investing in an opportunity zone fund is a way to defer and reduce taxable gains on the sale of certain assets including personal businesses, real estate and stocks. Certain taxpayers can still defer gains for transactions that occurred in 2018 provided:

(i) they acquire an interest in an opportunity zone fund; and
(ii) they do so by June 28, 2019.

No other strategy exists to defer/reduce taxable gains for 2018 transactions. However, the suitability of an opportunity zone fund is contingent on personal circumstances and the quality of the fund/property manager. Our experts in opportunity zones can help optimize planning options.

We are available for individual consultation if you are interested in seeing if you are eligible.

Opportunity Zone Resource Center

For more information, contact Tony Sardis at asardis@withum.com or by filling out the form below.

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