Oz Impact Funds

how it works: the 2017 tax cuts and jobs act created a powerful new tool for community development and investment in underserved communities throughout the united states called “qualified opportunity zones” (“qozs”). the opportunity zones provision is intended to achieve long-term private sector investments (+10 years) in distressed communities throughout the country. investors who reinvest unrealized capital gains into low-income urban and rural communities through “qualified opportunity funds” (“qofs”) may receive a series of tax incentives tied to long-term investment in the qofs. oz impact funds has established several qofs for projects and asset classes that demonstrate strong real estate fundamentals while furthering the policy objectives of the qoz legislation gain deferral: investors who realize any capital gain (sale of a company, stock, property, etc.) and invest in qofs may defer paying taxes on these gains for up to 7 years. to qualify for the maximum deferral, the defe