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Jenny Connors0 Posts
Jenny Connors is a partner at Williams Mullen. She focuses her practice on the taxation of businesses, business owners and investors, with a particular emphasis on the taxation of flow-through entities. She also advises clients on federal and state tax credits and incentives, including, without limitation, historic rehabilitation tax credits, New Markets Tax Credits and qualified opportunity zone tax incentives.
The Future of Opportunity Zone Tax Benefits for Real Estate
A Legal Perspective on Benefits, Requirements and Criticisms by Jenny Connors The opportunity zone (“OZ”) tax incentive, which was enacted as part of the Tax Cuts and Jobs Act, has been a major catalyst for real estate investment over the past three years. Initiated as a bipartisan effort for economic growth and job creation, the incentive was intended to promote long-term, private investment in America’s low-income communities. The incentive, however,
