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![]() With the unveiling of the highly anticipated second set of proposed regulations related to opportunity zones, 2019 is going to be a big year for investors wanting to take advantage of the much-hyped federal program. By Wednesday afternoon, commercial real estate professionals, investors and others were poring over the 169-page regulations released by the IRS and the U.S. Department of the Treasury. "From what we’ve seen so far, this is a positive step,” EIG President and CEO John Lettieri said. “This removes a lot of the obvious impediments that have kept capital on the sidelines to date … I think it’s going to free up a lot of capital.".. ...moreRSK: Finally IRS clears up some of the major questions regarding Opp Zones. No triple net leases folks but you can pass it on to your heirs are just a few clarifications. Read this one. | ||
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Our Sponsors - - Volume: 7 - WEEK: 17 Date: 12/3/2021 6:11:38 PM - |