The webinar will provide an overview of the Opportunity Zone (OZ) program including what it’s meant to do for the underserved communities in the U.S. and the associated tax benefits for investors. The presenter will discuss the types of capital gains events and what eligible gains qualify to be invested into Opportunity Zone Funds, as well as the significant tax benefits the program offers. This topic is more relevant than ever as the new administration has recently appointed Scott Turner, a major proponent of OZs, to lead HUD, and noted that Opportunity Zones are “probably the number one economic development project.” Currently, there is a lot of discussion regarding the potential extension and expansion of the program and what Opportunity Zone 2.0 may mean. The program will cover the summary of the recent Novogradac OZ Working Group’s letter to the new administration.
This Partner Solutions webinar is sponsored by Pinnacle Partners.
Jeff Feinstein is a founder and the managing partner of Pinnacle Partners, where he leads investor relations and operations management and serves on the investment committee. Jeff is the co-managing member of the general partner.
Pinnacle Partners is an SEC-registered investment advisor (RIA) focused on tax-advantaged private real estate investment opportunities, specifically through Qualified Opportunity Zones and workforce housing developments, in partnership with 50+ RIAs and hundreds of individual investors. Pinnacle has capitalized over $1 billion in multifamily development projects, including more than 2,400 units of multifamily housing, and sources off-market opportunities with best-in-class development partners.