By Catherine Holmes, Brad Cohen and Guy Maisnik On October 19, 2018, the IRS issued the first set of proposed regulations and a New Revenue Ruling on new Internal Revenue Code Section 1400Z-2 governing Opportunity Zone investments. Under the new Opportunity Zone tax law, taxpayers who realize taxable capital gains from the sale of any […]
Catherine DeBono Holmes and Brad Cohen wrote the article “How Real Estate Developers Can Use Opportunity Zone Funds to Finance New Real Estate Projects” for the JMBM Investment Law Blog. A short excerpt is below: Real estate developers have a new source of investment for their development projects, created by the Tax Cuts and Jobs […]