What are some of the most important tax accounting considerations when forming and managing an Opportunity Zone Fund?
Valerie Grunduski is a real estate tax accounting specialist and leads Plante Moran’s Opportunity Zones practice.
Click the play button below to listen to my conversation with Valerie.
Episode Highlights
- Tax considerations when creating a Qualified Opportunity Fund.
- Accounting firm services that fund managers should consider when forming and managing an Opportunity Zone fund.
- Mistakes that QOFs sometimes make in projecting IRRs in Opportunity Zones.
- The right and wrong way to structure debt, and the consequences of improperly structured debt.
- Why OZ funds that don’t require debt financing may want to consider it anyway.
- The importance of having a 31-month safe harbor business plan.
- How Section 1231 gains are treated in Opportunity Zone investing.
- Exit considerations for multi-asset funds.
Opportunity Db
By Jimmy Atkinson
August 7, 2019