I was pleased to have the opportunity to speak to the several hundred real estate lawyers attending the 41st Annual Georgia Real Property Law Institute on May 11, and to share the many opportunities available to real estate owners and developers, business owners and entrepreneurs, and taxpayers in the Investing in Opportunity Act. The event capped seven Opportunity Zone events for me over the course of three weeks – a national conference, a statewide conference, two local conferences, speaking events, and client meetings. There is significant excitement about the program and a few real projects coming together in Coastal Georgia.
“ There is significant excitement about the program and a few real projects coming together in Coastal Georgia.”
Though many of the projects are real estate substantial improvement projects at this point, I anticipate that owners of new, relocating, or expanding businesses will soon recognize the significant benefits offered to them by locating in an Opportunity Zone, which will add investment and jobs in these areas.
Joey Strength is a partner at HunterMaclean, practicing primarily in real estate and development law, estates and trusts, and business transactions. He is a trusted advisor to his clients, ranging from individuals to publicly traded companies, and provides them with quality legal representation and advice across various areas. Joey strives to understand his clients’ personal and business needs to find creative solutions to their legal problems.
Joey is a proponent of the Opportunity Zone legislation that was included in the 2017 Tax Cut and Jobs Act and has represented HunterMaclean in a national working group of attorneys, accountants, developers, and others who have collaborated to provide input in the regulatory process. He is currently working with a number of clients who are considering how they might benefit from the program and enjoys sharing about the program with others.
RETURN TO BLOG