Larry Brant Quoted in the Portland Business Journal About Importance of Proper Due Diligence in Qualified Opportunity Fund Investments
In this article, Larry Brant discusses Qualified Opportunity Funds (Opportunity Zone Funds) and notes the significant risks that unwary tax-deferral-seeking investors may face if they fail to do adequate due diligence before investing in these types of funds.
Access the full Portland Business Journal article, titled “Why Portland Investors Need to Be Careful With Opportunity Zones.” (subscription is required)
Read more on Larry’s Tax Law: For an expanded analysis on this topic, visit our blog post, Opportunity Zone Funds – Part II: Due Diligence Required, in which Larry reviews some of the history accompanying IRC § 1031 to underscore why investment due diligence by taxpayers is critical.
