No, Opportunity Zone Investments Will Not Replace Section 1031 Exchanges
By: Matthew E. Rappaport, Esq., LL.M.
As everybody probably knows by now, I’ve been part of the enthusiastic chorus of advisors singing the praises of the Opportunity Zone Program. Make no mistake: the program is a game-changer for private equity and the real estate industry. We’ve already seen the widespread impact across the country in many markets where Opportunity Zones are located.
But some of the hype has led commentators to declare the end of the Section 1031 exchange. As the Opportunity Zone program takes shape, and as I conduct in-depth conversations with clients and advisors about taking advantage of the tax incentives, the way taxpayers will approach the program has become increasingly clear. Read More