Opportunity Zones
Opportunity Zones
Randall Barrus
CPA
Partner
Donald N. Bernards
CPA
Partner
Todd Carpenter
Managing Partner
Michael F. Fitzpatrick
CPA
Partner
Garrick Gibson
CPA
Partner
Chase A. Inda
CPA
Partner
Michael Jakimzak
CPA, MST
Partner
Tracey Nguyen
J.D., MBA
Principal
By leveraging our expertise in real estate development, transactions and specialty tax planning, we are uniquely positioned to help potential investors and project sponsors take advantage of the opportunity zones program, which aims to spur long-term private sector investments in low-income communities nationwide.
We can help potential opportunity zones investors understand the tax planning and compliance implications of such an investment. And we can help real estate companies and business owners integrate the program in their capital stack when applicable.
Stay one step ahead with valuable and timely OZ thought leadership.
Project sponsor services
- Financial modeling showing the after-tax impact of OZ benefits and recommending strategies to optimize the capital stack
- Projected financial statements for private placement offerings
- Tax structuring for opportunity zone compliance
- Semi-annual OZ compliance testing
- Cost segregation studies to enhance returns through accelerated depreciation recovery
- Construction audit services to ensure adherence to construction contract terms
- Fund administration and investor relations
- Identify and source other credits and incentives
Opportunity zones mapping tool
Use this interactive map to search the complete list of qualified opportunity zones.
Key considerations when reviewing OZ investments
- What is the up-front, annual and profit-interest fee structure of the Qualified Opportunity Fund (QOF)?
- Does the QOF have a shovel-ready project to ensure your capital will be invested within the required six months?
- What is the track record of the project developer or business?
- Does the project have strong economic fundamentals?
- Does the QOF plan to have multiple OZ investments, which could complicate the exit strategy and jeopardize the elimination of gains?
- Does the project forecast commensurate risk-adjusted returns?
