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Good morning/afternoon friends and hope you and yours are doing well and staying healthy in these trying times. A potential ray of sunshine - which is still being reviewed. Yesterday, without a lot of fanfare or warning for that matter, the Treasu (More)
Good morning/afternoon friends. As we draw close to March 15th, a magic day for partnerships and S corps. for required tax filings, if you have invested in a QOF or a QOZB, I wanted to politely reach out and remind you all of something your accountan (More)
Good morning from the Land of OZ, it’s been a busy and interesting start to the new week with conversations about deals in all kinds of neat places – from Philly to Orlando, Ohio to Pennsylvania, the NJ shore to California and even to Alaska wher (More)
A quick thank you shout out to Craig Bernstein of OPZ Bernstein for being my guest on this month’s webinar installment of "From the Land of OZ", our monthly Duane Morris Opportunity Zones webinar. If of interest, it is on tape and you can listen in (More)
According to Boston University - Initiative on Cities - affectionately referred to as the Menino Survey - “Mayors generally believe the new federal Opportunity Zones program has targeted the right areas, nationally and in their own communities. (More)
According to Realtor.com’s just released study, housing inventories dropped 12% nationally from 2018 to 2019, the largest year-over-year decline in nearly three years. The Philadelphia-Camden-Wilmington metro area had one of the highest rates of (More)
Now that we have all had a chance to celebrate a Merry Christmas, a Happy Kwanzaa or a Happy Hanukah, and have had the chance to digest 544 pages of final OZ regs - what, you say you have not really studied the new final regs yet - can't be the case (More)
Now that we have all had a chance to celebrate a Merry Christmas, a Happy Kwanzaa or a Happy Hanukah, and have had the chance to digest 544 pages of final OZ regs – what, you say you have not really studied the new final regs yet – can’t be the (More)
On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones tax incentive. According to the IRS press release, the final rules seek to provide clarity for Opportunity Funds and their elig (More)
On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones tax incentive. According to the IRS press release, the final rules seek to provide clarity for Opportunity Funds and their elig (More)