Jackson Kelly announces the launch of a comprehensive consulting practice for Opportunity Zones and Opportunity Zone Fund development and issues. Our attorneys work extensively with development projects and partnerships involving private investment in conjunction with local government economic development. Our firm’s rich history of advising in the areas of real estate, business structure and finance, economic development, and tax planning for both business and individuals provides the base knowledge needed in developing Opportunity Zone Funds and investments and providing counsel and advice on matters of public importance. Our team has been involved in analyzing the best method of investing in Opportunity Zones and Opportunity Zone Funds since the enactment of the Opportunity Zone tax breaks in the 2017 Tax Act.
We are prepared to assist developers, Funds, businesses, investors and local communities in understanding and capitalizing on Opportunity Zones within their cities and communities. With the recent release of the Treasury Regulations governing every aspect of Opportunity Zones, now is the time to seize the opportunity and prepare for potential investments.
We can assist in several key areas: Stakeholder education, the creation and establishment of Opportunity Zone Funds, identification and development of potential Opportunity Zone investments, structuring and finalizing Opportunity Zone Fund investments in eligible projects, and assisting investors with the potential tax savings of investing in an Opportunity Zone Fund.