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2018 Global Leaders in Real Estate Summit: Opportunity Zones

Attendees of the most recent Global Leaders in Real Estate Summit discuss opportunity zones.


Transcript

Mike Lefkowitz: Well, opportunity zones are just getting started. The regulations are just starting to come out now, so that seems to be during a 2019 the next big area of investment. Although, I don't believe any deals have taken place as of yet.
Ken Weissenberg: Opportunity zones are a creation under the new federal tax law that create a major tax incentive for investing in economically distressed areas. Those incentives include deferral of tax on capital gains as well as an exclusion of tax for assets held more than 10 years.


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