Jan. 28, 2021
IRS gives opportunity zone investors additional COVID-19 relief
In a welcome reprieve the night before the inauguration, opportunity zone investors now have more time to invest their gains.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
In a welcome reprieve the night before the inauguration, opportunity zone investors now have more time to invest their gains.
On Jan. 19 — during the final days of the Trump administration — the Internal Revenue Service issued Notice 2021 10 which provides further relief for qualified opportunity zone funds and their investors as a result of the COVID-19 pandemic. The notice extends and expands relief that had previously been provid...
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