The Country's First Opportunity Zone Conference to be held within an Opportunity Zone

February 08, 2019

With the growing demand for investments in Opportunity Zones, offering tax benefits for investing in low-income areas, the country's first Opportunity Zone Conference will be held in Dallas, Texas April 3 - 4, 2019. Keynote speakers include Craig A. Nolte with The Federal Reserve Bank of San Francisco and Plano Mayor Harry LaRosiliere.

 

To meet the growing demand for investment in Opportunity Zones, which offers tax benefits for investments in low-income areas, the Coasis Coalition Opportunity Zone SuperConference will be held in Dallas, Texas April 3 - 4, 2019. The event will help industry professionals position themselves at the forefront of this booming industry and spur housing and commercial development in areas in need of revitalization. This conference is organized by Coasis Coalition, a company building community among and offering services and support to Opportunity Zone investors, funds and other businesses, and citizens of those Opportunity Zones.

Hundreds of industry professionals will attend, including family office CIOs and other investors, fund sponsors, attorneys, real estate developers, lenders, tax specialists, investment banks, economic development organizations, and government officials.  Speakers include Craig A. Nolte, with The Federal Reserve Bank of San Francisco, and Plano Mayor Harry LaRosiliere.

Held at the Plano Event Center, which accommodates as many as 2,000 attendees, immediately north of Dallas, Texas, the Coasis Coalition Opportunity Zone SuperConference provides industry leaders and professionals the knowledge they need to take full advantage of tax incentives through the Opportunity Zone investment program established by Congress in the Tax Cuts and Jobs Act of 2017.

Specifically created within the act are Opportunity Zones, which are low-income communities which were established in cooperation with each of the States and the IRS as areas in need of revitalization.  These areas are attractive for investment because the program offers significant tax incentives to investors, including tax-free upside investment. There are more than 8,700 zones in all 50 U.S. states, five territories and Washington, D.C. Those who invest capital gains from other investments under the Opportunity Zone program through “Qualified Opportunity Funds” can defer those capital gains tax by 10 percent after 5 years and 15 percent after 7 years, and will ultimately  pay no tax on additional capital gains for investments held 10 years or more.

With Opportunity Zones spread across the US, there are ample opportunities to invest in communities and provide beneficial tax savings to investors.

 

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