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Aug. 10, 2021: Qualified Opportunity Funds Report
In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner John Sciarretti, CPA, discuss highlights from the Novogradac Opportunity Zones Investment Report: Data Through June 30, 2021. In addition to top-level fundraising amounts, they discuss the types of businesses that are receiving opportunity zones (OZ) investment, geographic placement of OZ investments, average fundraising levels of qualified opportunity funds (QOFs) and upcoming OZ deadlines that could affect QOF fundraising. They also discuss corrections and correcting amendments to final OZ regulations.