Knowledge Center

Blogs November 15, 2019 QOF Update: Proposals on Opportunity Zone Reporting Requirements

Pending legislation that would create additional transparency and oversight of qualified opportunity funds (QOFs), which includes information required and penalties for non-compliance.

Blogs November 15, 2019 East Meets West at 5th Annual Real Estate Connect Summit

A discussion at the 5th annual East Meets West Real Estate Connect Summit on the differences and opportunities investing in Southeast Asia. A look at government regulation, land ownership, capital flow and market demographics.

Blogs November 12, 2019 Revised QOF Reporting Requirements You Need to Know

New compliance reporting guidelines for Qualified Opportunity Funds using Form 8996. The guiltiness center on employer ID number, the census tract of the tangible property, and value of the QOFs’ investments.

Blogs October 31, 2019 Trends Watch: Real Estate Outlook

An insider’s look at the outlook for real estate investment

Blogs October 17, 2019 Get the Maximum QOF Tax Benefits Before We Ring in the New Year

A notice regarding the December 31, 2019, deadline to take full advantage of Qualified Opportunity Zone tax benefits which encompass the areas of deferral, reduction and elimination.

Blogs October 10, 2019 Trends Watch: Macro Correction; EB-5

Daniel Healy, Chief Executive Officer, Civitas Capital Group, discusses what he sees for the near future of global investment real estate opportunities, including the EB-5 program, corrections, and the impact of uncertainty.

Blogs October 09, 2019 New QOF Investor Reporting Requirement

There is a new reporting requirement for Qualified Opportunity Funds. Taxpayers should use Form 8997, Initial and Annual Statement of QOF Investments, which consists of four parts.

Blogs October 01, 2019 IRS Provides Rental Real Estate Safe Harbor for QBI Deduction

IRC Sec. 199A provides a deduction to non-corporate taxpayers of up to 20% of the taxpayer’s qualified business income from each of the taxpayer’s qualified trades or businesses, including those generated through a partnership, S corporation or sole …

Blogs September 25, 2019 NCSHA Publishes Opportunity Zone Fund Directory

The Qualified Opportunity Zone Program, as authorized in the Tax Cuts and Jobs Act of 2017, incentivizes investment in designated low-income communities.