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New Opportunity Zone Incentives After OBBBA

New Recognition Periods, Qualified Rural Opportunity Funds, Planning Strategies

A live 110-minute CPE webinar with interactive Q&A

This program is included with the Strafford CPE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
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Tuesday, October 28, 2025

1:00pm-2:50pm EDT, 10:00am-11:50am PDT

Early Registration Discount Deadline, Friday, October 3, 2025

or call 1-800-926-7926
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This webinar will analyze the expansion of opportunity zone (OZ) investments under the One Big Beautiful Bill Act (OBBBA). Our panel of seasoned federal tax experts will discuss the new recognition schedule, meeting property and timing requirements, and provide examples of planning strategies to mitigate tax under this new legislation.

Description

The OBBBA has significantly enhanced the benefits of investing in qualified opportunity funds (QOFs). Introduced as part of the TCJA, this benefit was scheduled to sunset with other provisions on Dec. 31, 2026. Instead, OZ incentives have been made permanent and more far-reaching under the recent Act.

Originally, investments in QOFs provided a five-year deferral of capital gains if an investor held the investment for five years. An additional five percent of the deferred gain is added to the basis if the investment is held for seven years. Consequently, the time-laden benefits have decreased as the sunset deadline approaches.

Under OBBBA, a rolling five-year recognition period has been added for gain deferral along with a new provision for Qualified Rural Opportunity Funds (QROFs). These areas, with 50,000 or fewer inhabitants, receive additional incentives, including a 30% basis step-up after five years.

Both the old and new legislation have specific requirements that must be met to qualify for OZ tax benefits. Investors and their advisers need to understand tax planning strategies and the requirements of OZs to maximize taxpayer savings.

Listen as our panel of OZ experts explains the nuances of these investment vehicles.

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Outline

  1. OZs under the OBBBA: introduction
  2. OZs under TCJA
  3. Prior OZ investments
  4. New eligibility criteria
  5. Deferral timeline
  6. New QROFs
  7. New reporting requirements
  8. Penalties
  9. Examples

Benefits

The panel will cover these and other critical issues:

  • Comparing and contrasting OZs under TCJA and the OBBBA
  • New QROF requirements and benefits
  • Planning to maximize tax savings for OZs under the OBBBA
  • New recognition periods for deferral of gains

Faculty

Steven M. Kennedy
Steven M. Kennedy
Partner
PwC

Mr. Kennedy is a Partner at PwC.

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Attend on October 28

Early Discount (through 10/03/25)

CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.

Cannot Attend October 28?

Early Discount (through 10/03/25)

CPE credit is not available on downloads.

CPE On-Demand

See NASBA details.

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