Stevan Pardo

WASHINGTON, DC—During the government shutdown at the beginningof the year, not only did essential and not-so-essential servicesgo unfilled, but also essential rules making and regulatoryhearings—including a US Treasury Department hearing on additionalregulations for Opportunity Zones that would further clarify howthey are to be structured.

The Treasury Department has rescheduled the hearing for thisweek, to the relief of parties interested in investing in thesezones. Time, in short, is running out for investors that have acapital gains for the tax year 2018 and want to make an investment,according to Stevan Pardo, Chair, Construction, Hotel andLitigation Groups of Pardo Jackson Gainsburg in Miami. The law, asit is understood right now, gives investors a six month window tomake an investment for those gains, he tells GlobeSt.com.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.