Tax Planning, New Guidance, Real Estate Investments

Sullivan & Worcester Submits Comments to IRS Urging Caution in Applying Cloud Transaction Framework to REIT Rules

Sullivan & Worcester on 6/13/2025

On June 9, 2025, Sullivan & Worcester submitted a comment letter to the Internal Revenue Service (IRS) in response to Notice 2025-6, which requests public input on the possible expansion of the cloud transaction framework...more

Responding to the Pandemic, IRS Loosens Opportunity Zone Requirements

Ruder Ware on 7/2/2020

The IRS recently offered relief to Qualified Opportunity Fund investors, waiving a penalty and pushing back some investment deadlines. This new guidance comes as investment in opportunity zones slows, stymied by brisk...more

OZ Update - The New Proposed Regulations Are Out - New Guidance on Eligibility for OZ Tax Benefits

Poyner Spruill LLP on 5/1/2019

Last week, Treasury issued a second round of proposed regulations regarding Opportunity Zones?offering investors more clarity as to whether their investments in designated Opportunity Zones will qualify for current capital...more

Opportunity Zones Update

Sheppard Mullin Richter & Hampton LLP on 11/12/2018

Background – In December 2017, as part of the Tax Cuts and Jobs Act (“TCJA”), Congress established a new tax incentive program to promote investment in certain low-income communities designated by the IRS as qualified...more

Treasury Department Guidance Will Stimulate Opportunity Fund Investments

Farella Braun + Martel LLP on 10/30/2018

The Opportunity Zones Program (OZ Program) aims to infuse capital into low-income communities known as qualified opportunity zones (QOZs) by offering tax-advantaged investments benefiting electing Qualified Opportunity Fund...more

New IRS Guidance Boosts Confidence and Investment Potential in Opportunity Zone Program

Miles & Stockbridge P.C. on 10/26/2018

On October 19, 2018, the IRS issued highly anticipated proposed regulations on opportunity zones. The guidance and interpretations in these regulations provide a clearer path for investment in the new “Opportunity Zone”...more

Treasury Releases Qualified Opportunity Fund (QOF) Guidance

Jackson Walker on 10/26/2018

On October 19, the Treasury Department released a first round of guidance bringing much needed clarity to certain aspects of the Qualified Opportunity Fund regime enacted by the Tax Cuts and Jobs Act. While important...more

Tax Planning › New Guidance › Real Estate Investments