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The Land of Oz: Opportunity Zones

Follow the Treasury to identify long-term investment opportunity, understand the “golden” rules and realize substantial tax benefits

Chicago, IL - October 31, 2018

This is an update and addendum to McNally Capital’s original Opportunity Zones White Paper published in September 2018.

Overview

An announcement from the U.S. Treasury on October 19, 2018 clarifies various technical aspects of Opportunity Zone (“OZ”) investing and should pave the way for capital flow into projects, assets and investment vehicles before year-end. However, in reality, the majority of activity will commence in early 2019. 


WHAT HAS CHANGED?

While the Treasury has provided further guidelines and information, many unanswered questions remain and unfortunately uncertainty still exists regarding overall OZ regulations. We address recent guidance and offer our updated analysis in this piece. 

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For more information contact:

Jeff Olsick_email.jpg

Jeff Olsick

Vice President and Head of Transaction Origination

jolsick@mcnallycapital.com

312-357-3723

McNally Capital and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

All securities are offered through McNally Capital Securities, LLC, a wholly owned affiliate of McNally Capital, a registered broker dealer with the US Securities and Exchange Commission (“SEC”) and a member of FINRA and SIPC.
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