Investment Funds and Opportunity Zones: Maximizing Tax Benefits and Preserving Flexibility
Note: CPE credit is not offered on this program
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will examine the tax and operational issues counsel must consider when structuring a qualified opportunity fund (QOF) for investment in a qualified opportunity zone (QOZ). The panel discussion will include the tax ramifications of capital structure, advantages of using a portfolio company vs. a one-off entity to make investments, exit strategies, and how to use sister companies to make investments outside an opportunity zone.
- Qualified opportunity zones: new tax incentives for investment
- Qualified opportunity funds: investment parameters
- Structural considerations
- Capital investment
- Capital structure
- Portfolio company vs. direct investment
- Doing business outside of an opportunity zone
- Exit strategies
The panel will review these and other noteworthy topics:
- What is a QOF, and what are the investment parameters for taking advantage of the new tax exemptions?
- When should a QOF consider a portfolio structure instead of making a direct investment in a QOZ business?
- Are there circumstances under which a QOF can engage in business outside an opportunity zone? How should that be arranged?
- What are the primary concerns in exiting a QOF investment?
Brad A. Molotsky
Mr. Molotsky’s primary practice is focused in the areas of commercial leasing, acquisitions and divestitures,... | Read More
Mr. Molotsky’s primary practice is focused in the areas of commercial leasing, acquisitions and divestitures, property management, financing, public private partnership and real estate joint ventures (including mixed-use development). He also has deep experience in board governance and managing public company issues such as enterprise risk, internal audit, compensation, proxy statement preparation and review, as well as energy efficiency and sustainability and corporate social responsibility. Previously for nearly 20 years, he served as executive vice president, general counsel and corporate secretary of Brandywine Realty Trust where he was responsible for all legal operations of the company, including acquisitions and divestitures, financings, joint ventures, board matters, insurance procurement, litigation oversight, SEC filing oversight and the legal aspects of capital raising.Close
Joseph J. Scalio
Mr. Scalio is KPMG’s Pennsylvania Business Unit Tax Leader in the Passthrough and Asset Management Practices,... | Read More
Mr. Scalio is KPMG’s Pennsylvania Business Unit Tax Leader in the Passthrough and Asset Management Practices, KPMG’s Pennsylvania Business Unit Leader in the Real Estate Practice, KPMG’s U.S. Tax Leader in the Publicly Traded Partnerships (“PTPs”)/Master Limited Partnerships (“MLPs”) Practice, and KPMG’s U.S. Co-Tax Leader in the Umbrella Partnership Corporations (“Up-Cs”) Practice.Close