An Overview of Opportunity Zones

June 27, 2019Urban Affairs Forum by St. Louis REALTORS

Lewis Rice attorneys Michael T. Donovan and Ryan C. Furtick presented on Opportunity Zones on June 27, 2019 as part of St. Louis REALTORS' Urban Affairs Forum. The presentation provided an introduction to the Opportunity Zone program enacted as part of the 2017 Tax Cuts and Jobs Act. Topics included the tax benefits associated with investing in an Opportunity Zone, operational rules for a Qualified Opportunity Fund (the investment vehicle for investing in Opportunity Zones), as well as issues with owning and leasing property located within a designated Opportunity Zone. They also covered a comparison of the Opportunity Zone program with Section 1031 like-kind exchanges.

To view the slides of the presentation, click under "Resources" below.

Mike Donovan has significant experience in all aspects of tax planning for partnerships and LLCs, corporations, real estate, REITs, and funds. He regularly advises clients in connection with M&A transactions, real estate projects, and complex partnership issues. Mike also counsels exempt organizations on issues relating to tax-exempt status, intermediate sanctions, and joint ventures with for-profit entities.

Ryan Furtick has experience with a wide variety of corporate matters, including structuring mergers and acquisitions, entity formation, and restructuring. Ryan also has experience in all aspects of tax planning for partnerships, LLCs, and corporations, including business and succession planning.

Resources

Firm Highlights
Client Alert

The New Standard Contractual Clauses: Scope, Impact, and Next Steps

More
Client Alert

The Changing Workplace Following the Latest CDC Mask Guidance

More
Client Alert

Supreme Court Limits Ability to Compel Access to Private Property Without Compensation

More
Client Alert

DOL Publishes Cybersecurity Guidance for Benefits Plans

More
Client Alert

Supreme Court Hands Down Unanimous Decision Limiting FTC’s Ability to Seek Monetary Relief

More
Client Alert

FTC Adds Teeth to the ‘Made in USA’ Rule

More
News

Jeannine Moentmann Becomes President of St. Louis Paralegal Association for 2021-2022

More
News

Lewis Rice Welcomes 2021 Summer Associates

More
News

Michael D. Mulligan, Mysun Charitable Foundation Recognized at Greensfelder Park Ribbon Cutting Ceremony

More
Client Alert

Missouri Supreme Court Reverses Overtime Wages Judgment Resulting from Employer-Mandated Screenings Under the Portal-to-Portal Act

More
Client Alert

Missouri Supreme Court Holds that Public Governmental Bodies May Not Charge for Attorney Review Time

More
Diversity & Inclusion

Law Firm ILN-telligence Podcast Hosts Ronald A. Norwood to Discuss Mentorship, Diversity & Inclusion in the Legal Industry, and the Importance of Equity for All

More
News

Jeremy P. Brummond Presents at Webinar for Experienced Construction Attorneys

More
Client Alert

CROWN Act Legislation on the Verge of Passage in St. Louis City & County

More
Client Alert

Colorado Joins the Bandwagon, Enacts Comprehensive Privacy Law

More
Diversity & Inclusion

Lewis Rice Launches “Next Level” Diversity and Inclusion Programs

More
Client Alert

EEOC Issues Updated Guidance on COVID Vaccination Policies

More
News

A Lawyer’s Guide to the Galaxy Podcast Named Among Best Copyright Law Podcasts for 2021 by Welp Magazine

More
Client Alert

First-Issued Interim Final Rule Gives Guidance on No Surprises Act

More
News

Claims Filed for Compensation in North Carolina Ecusta Trail Rail-to-Trail Case

More