Opportunity Zones Research

[Jim Goebel]

Greetings all.  After seeing 'Opportunity Zones' mentioned in a news article last week, I have it on my to-do list to research the landscape for these.  I will be updating this thread as I learn relevant items.  Please weigh in yourself with any additional insight, experience, or perspective that you think might help the community here.

To start, this is where I'm starting my reading/research:

https://www.irs.gov/newsroom/opportunity-zones-fre...

https://www.accountingtoday.com/opinion/opportunit...

Looking forward to a discussion.  Looks like at first glance it's intent is to serve as a market driven investment vehicle that focuses on certain areas that are likely struggling in the economic value/equity arena (sometimes these areas are the best opportunities but obviously one needs to be careful).

Again at first glance I'm wondering if opportunities exist for those prepared to start a fund and execute (flip, rent, etc) properties within these zones, but also it appears intent is for these funds/investment products to exist for more passive investors.  Will update more as I learn more...