Real Estate Industry Alerts Tracker - February 2021 Issue #1

IRS Extends Opportunity Zone Deadlines The Internal Revenue Service (“IRS”) recently extended the investment period for taxpayers to invest in a Qualified Opportunity Fund (“QOF”) in order to defer 2019 capital gains. On January 19, 2021, the IRS issued Notice 2021-10, which further extended several of the deadlines that were previously extended....
By: Kelley Drye & Warren LLP

Kelley Drye & Warren LLP