Start Date: 10/30/2019 9:00 AM CDT
End Date: 10/30/2019 2:00 PM CDT
Venue Name: Lafayette Bar Association Location:
2607 Johnston St
Lafayette, LA United States 70582
Lafayette Bar Association
In December of 2017, Congress created a new “Qualified Opportunity Zone” program to encourage investment in businesses that are in low-income communities. Under this program, a taxpayer who recognizes gain on the sale of property can defer and partially eliminate such gain, as well as additional future gain, by investing in the sale proceeds in a “Qualified Opportunity Fund.” This program creates a new potential source of capital for businesses and real estate developments located in Qualified Opportunity Zones, while at the same time creating a new tax benefit for investors seeking to reduce their tax burden on taxable asset dispositions.
This CLE arose out of a series of community meetings that were part of the Acadiana Regional Opportunity Zone Initiative and is designed to address common questions that have been asked by the professional community during these meetings. Presenters include: Gerald J. Reihsen, CEO Coasis Coalition of Dallas, who will present on Opportunity Zone Regulations and Securities Law; Megan C. Riess, from the Coates and Rose law firm, who will speak on Opportunity Zone Funds and and the Opportunity Zone investment agreement; and the Bryson Law team, who will speak on Opportunity Zone tax implications for investors and the tax fine points of Opportunity Zone Regulations.
9:00-10:30am | Gerald J. Reihsen, III CEO Coasis Coalition presenting "OZ’s and Securities Law"
10:30a-12 Noon | Megan C. Riess, Coates and Marino presenting "OZ Funds and Partnership Agreement"
12:00 – 2:00 pm | Angie Bryson / Cary Bryson (and team) presenting "OZ Tax Implications and Details of OZ Regs"