What question remains after opportunity Zone guidance? Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zone investments, provides his take

By Dan Gauthier, Rose Law Group What is a question that the new Opportunity Zone guidance has not yet addressed that you feel the marketplace really needs a direct answer? Opportunity Funds, investors, and communities alike want to know what anti-abuse rules apply to Opportunity Funds – in other words, what conduct may cause a Fund to be de-certified or …

Can a 10 year opportunity zone investment be sold? Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zone investments, gives insight

By Dan Gauthier, Rose Law Group Question: We hear the Federal Government gave more guidance on opportunity zone regulation. What was the most previously frequently asked client question that the new guidance answered? Answer: Fund principals and investors want to know whether they can sell assets during the 10-year hold and reinvest those proceeds without tainting those dollars. Now we …

Sales up on ‘Opportunity Zones’; Dan Gauthier, Rose Law Group transactional attorney handling many O-Zone investments, comments

By Alexander Casey | Zillow Sale prices ticked up sharply in some of the nation’s lowest-income and highest-poverty communities near the end of last year—but mostly in the neighborhoods now eligible for newly created tax breaks. Tucked within the Tax Cuts and Jobs Act of 2017 (TCJA) is a somewhat overlooked, but potentially massive, program: Opportunity Zones. Investors have flocked to these …

Investors eagerly await Trump rules on Opportunity Zones; Dan Gauthier, Rose Law Group transactional attorney handling many O-Zone investments, comments

Disclosure: Rose Law Group represents Virtua Partners in some of their properties By Jim Tankersley |The New York Times A hotel groundbreaking ceremony here in an old cotton field not far from Interstate 10 last month featured two United States senators, a hot catered lunch and a stream of speeches about driving economic investment to this corner of the Southwest that …

The land of Opportunity Zones

By Callan Smith | Rose Law Group Reporter Tuesday morning at Rose Law Group was all about opportunity zones, when the firm hosted 62 people at an in depth discussion with a panel of experts moderated by firm President and Founder, Jordan Rose at its Scottsdale office. Opportunity Zone investment is a long-term investment vehicle with three tax brackets and …

Opportunity Zones hearing canceled amid IRS shutdown; Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zones, comments

Incentive has drawn significant attention since tax reform; Majority of agency employees remain furloughed An IRS hearing on the highly anticipated opportunity zones tax break has been postponed indefinitely, dealing a blow to investors seeking answers on how to cash in on the new incentive. The IRS announced (REG-115420-18) on Jan. 7 that the public hearing, originally scheduled for Jan. …

Proposed Opportunity Zone guidance: Can investors move forward?

By Dan Gauthier, who is a Transactional Attorney at Rose Law Group working on a lot of opportunity zone projects. The following does not represent legal advice. Potential investors have been anxiously awaiting guidance from the Treasury Department on the Tax Cuts and Jobs Act of 2017’s Opportunity Zones Program (“Program”). The first round of such guidance was issued last Friday …