July 15, 2026 – Melissa Wall, Tax Partner at Aprio, joins Multifamily Marketwatch® to discuss the evolution of the Opportunity Zone program under the One Big Beautiful Bill and what the changes mean for investors, fund managers, and real estate developers. Melissa outlines the core framework of Opportunity Zones, including tax deferral, basis reduction, and gain exclusion, while explaining how the new rolling five-year deferral replaces the previous fixed 2026 deadline.
Melissa also highlights several planning opportunities and considerations under Opportunity Zones 2.0, including enhanced benefits for rural Opportunity Zones, new reporting requirements, and the ongoing governor nomination process for future zones. She emphasizes the importance of proactive planning, discusses common misconceptions surrounding qualified opportunity funds and deferral elections, and notes that investors should evaluate opportunities based on the strength of the underlying investment, with tax benefits serving as an added advantage rather than the sole reason for pursuing a deal.
Watch the full video with HFO on YouTube.