Deadline for Qualified Opportunity Zone Reinvestment Fast Approaching

• August 31, 2023
• Patrick Smith

The Qualified Opportunity Zone (QOZ) program offers investors the ability to reinvest eligible gains from the sale of essentially any asset within 180 days of the recognition date. For investors who realize gains through a Schedule K-1, the QOZ investing timeline can be extended to begin on the federal tax return due date of the entity (generally March 15), which may allow more time to take advantage of QOZ tax benefits.

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