Are Qualified Opportunity Zones the New Like-Kind Exchanges?
By Klatzkin Tax Team
The real estate investment market was presented with a new tax-saving opportunity when Congress passed the Tax Cuts and Jobs Act in December 2017.
By Klatzkin Tax Team
The real estate investment market was presented with a new tax-saving opportunity when Congress passed the Tax Cuts and Jobs Act in December 2017.
The Qualified Opportunity Zone (QOZ) program was written into law at the end of 2017, and these past two years, the IRS has worked to make sense of it. In October 2018, they released their first round of proposed regulations, and six months later, in April of 2019, they released their second.
By Klatzkin Tax Team
Last Thursday, I started my morning off at the Princeton Mercer Regional Chamber’s 2020 Central NJ Real Estate Forecast, where I joined nearly 400 others for a very insightful discussion from some of the industry’s top experts.