More about brian.duren@claconnect.com
- brian.duren@claconnect.com
- Signing Director - Real Estate
- CliftonLarsonAllen LLP
- Minneapolis
Brian is a Signing Director in CLA's Real Estate industry group and has more than 15 years of experience working with real estate operators, land developers, commercial real estate companies, private equity funds, and general contractors. Brian is also part of CLA's Opportunity Zone working group, and leads a team providing compliance, consulting, and advisory services to opportunity zone investors, qualified opportunity funds, and qualified opportunity zone businesses.
Blog Posts by brian.duren@claconnect.com:
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Intersection of Current Tax Legislation and Opportunity Zones?
Opportunity zone legislation has been proposed several times over the past two years, but the current political uncertainty makes its future uncertain.
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Planning for Deferred Tax Liabilities on Opportunity Zone Investments
Opportunity zone investors are schedule to recognize significant tax liabilities on deferred gains invested into qualified opportunity funds. Determining strategies to manage or minimize these taxes is a critical action in the OZ toolkit.
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New Life for Opportunity Zone Legislation?
New legislation was introduced that would extend the opportunity zone program to 2028, and make other modifications to the program.
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Disaster Relief for Opportunity Zone Taxpayers in the Southeast
New disaster area declarations provide relief to some opportunity zone taxpayers at a crucial time.
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New Opportunity Zone Legislation Introduced
Congress introduces new OZ legislation to expand the program to rural census tracts and increase transparency through added informational reporting.
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Qualified Opportunity Zone Reminders
Opportunity zone stakeholders have several considerations to make regarding new investments and existing projects.
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Recordkeeping Under the Alternative Cost Method
Taxpayers are encouraged to begin documenting now their approach to the Alternative Cost Method.
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Deep Thoughts on Common Improvement Cost Strategies in 2023
New guidance under Rev. Proc. 2023-9 offers real estate developers flexible choices in choosing a cost allocation method.
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Time to Review Your Development Costing Methods
Real estate owners should review new IRS guidance for development cost methods.
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Opportunity Zones: Beware of the Debt Financed Distribution Trap
OZ fund managers should consider possible tax implications of debt financed distributions made to their QOF investors within two years.