On January 8, 2019, LGSH LLP CPA and Partner, Ann Olson, was a speaker at the 2019 CRE (California Real Estate) Conference held at the Waldorf Astoria in Beverly Hills. The conference, titled “The Changing Face of Real Estate: What Disrupting Forces Should You Expect?” brought together many local experts in the California real estate field to discuss crucial real estate trends that will make an impact in 2019. 

Ann was one of the panelists speaking about Opportunity Zone Funds signed into law on December 22, 2017.

Opportunity Zone Funds have created a new tool for community development and are designed to provide tax incentives to help unlock investor capital to fund businesses in underserved communities. 

In this panel, Ann discussed the nuances of how the funds work and benefits of usage, various types of funds, how gains qualify for deferral, and clarification of fund definitions. 

Other topics covered during the conference were: 

  • Trends in real estate for the future 
  • Specifics on refinancing real estate 
  • Speculation on what will happen in the economy and interest rates in the near term 
  • Discussion about blockchain and tokenization of investments 
  • Artificial intelligence and real estate 
  • Emerging real estate markets 
  • Donor advised funds 

As a partner with LGSH LLP, and with over 35 years of experience, Ann provides audit, tax services and management advisory services to business owners and entrepreneurs and she specializes in the real estate and service industries. Ann’s expertise includes planning and supervision of audit and review engagements, analyzing complex corporate, partnership and individual tax transactions. She consults on real estate transactions including purchase, sale and financing. 

To learn more about Opportunity Zone Funds and to access a valued source of information for your clients in the real estate industry, contact Ann at aolson@lgshcpa.com.