This analyst note visits the legal definitions of Qualified Opportunity Zones (QOZs) and Qualified Opportunity Funds (O-Funds) and considers:
- Tax incentives as outlined by the IRS’ QOZ guidance
- Implications for investors
- Potential externalities for residents of QOZs
The note also offers a brief history of community development in the US and is accompanied by an Excel model that illustrates tax advantage breakdowns between an O-Fund and a comparable asset.