Harris Beach Murtha attorneys FL Gorman and James Mann recently shared their insights in a conversation on “Opportunity Zones 2.0: Benefits and Strategy.”
Beginning January 1, 2027, Opportunity Zones 2.0 is expected to offer significant tax advantages for investors who roll capital gains into a Qualified Opportunity Fund (QOF) and developers seeking a lower cost of capital.
Their conversation highlighted:
- An overview of the upcoming Opportunity Zones 2.0 program
- The federal nomination procedure, including key dates
- The New York State nomination procedure deadlines:
- Regional Economic Development Councils – June 1
- New York State – July 1
- Recommendations regarding the leading mapping tool
You can access the recording here.