2027 Opportunity Zones: New Designations, Capital Gains Tax Benefits, and California Rules

Treasury and the IRS designated 6,576 Qualified Opportunity Zone census tracts effective January 1, 2027, including 2,594 rural tracts. Learn how the new five year capital gains deferral works, when 10% and 30% basis adjustments apply, how to verify a property location, and why California does not conform to the federal tax incentives.