Selecting the Right Opportunity Zone for the Right Outcome
Sunday, June 02, 2019
The opportunity to defer and ultimately exclude capital gains on Qualified Opportunity Zone investments is drawing a lot of attention and speculation. While the merits and administration of this new program, created as a part of tax reform, continue to be debated, one component is clear. Like any other incentive program, it should not “wag the dog.” There must be a business case and sound due diligence to support the ultimate project decision. The fact that an investment is located within an Opportunity Zone will not alone guarantee success.