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How Opportunity Zone 2.0 Quietly Became the Best Tax Tool in Real Estate - 220

GoodLife Housing Partners

This week on Investing with GoodLife Housing Partners — David Fong breaks down why Opportunity Zone 2.0 marks a major reset for OZ investing, following fresh insights from the OZ Insiders dinner and the Novogradac Opportunity Zones Conference 

  • What Changed in OZ 2.0: Permanent program, rolling timelines, and simpler rules — no more racing fixed deadlines. 
  • Tax Benefits Explained Clearly: 5-year capital-gains deferral, 10% basis step-up (and 30% for rural OZs), accelerated depreciation, and 100% tax-free gains after 10 years — is this better than a 1031?
  • Rural OZ Advantage: Lower “substantial improvement” hurdle (50% vs. 100%) opens the door to rehab deals — will rural zones attract outsized capital?
  • Capital Is Coming Back: Conference turnout, billion-dollar OZ funds, and renewed advisor and investor confidence — entering the next OZ capital wave.
  • Beyond Real Estate: OZ businesses (e.g., medical practices + facilities) create layered benefits — is the business OZ angle underutilized?

🎧 Tune in now for Episode 220 — a deep dive into Opportunity Zone 2.0, why it’s now a permanent wealth-planning tool, and how investors can use it to defer, discount, and eliminate taxes