Program Details
2026-09-14 12:00:00
Over 1,000+ webinars
Course Overview
2026-09-14 12:00:00
2h CLE Credits
Intermediate
2
12:00 pm - 1:00 pm ESTThe OBBBA’s biggest new incentive isn’t the permanence — it’s the rural tilt. Qualified rural opportunity funds receive triple the standard basis step-up, and rural property qualifies under a substantial improvement threshold cut in half. This session gives practitioners a working command of the QROF rules, the statutory “rural area” definition, and how rural OZ deals pencil differently from urban ones.
Marc L. SchultzBrent Parker 1:10 pm - 2:10 pm ESTA smaller, stricter OZ map takes effect January 1, 2027, and with it a statutory reporting regime with real penalties. This session covers the new tract designation criteria and disclosure timeline, the two-year overlap window for existing zones, the disclosures QOFs and QOZBs must now make under Sections 6039K and 6039L, and the audit and cost certification mechanics funds should build now.
Marc L. SchultzBrent ParkerMarc L. Schultz is a partner at Snell & Wilmer in Phoenix, where his practice centers on federal, state, and local taxation, including complex transactions involving corporations, limited liability companies, limited partnerships, tax-exempt entities, and real property. He counsels clients on mergers and acquisitions, joint ventures, private investment fund formation, tax credit financing, and energy transactions. Mr. Schultz chairs the firm’s Tax Credit Finance Group and Renewable Energy Group, and he founded and co-chairs its Opportunity Zones and Funds Industry Group.
Brent Parker is a partner at Novogradac & Company LLP, based in the firm’s Long Beach, California office. His practice centers on affordable housing and community development, with a particular focus on investments in qualified opportunity funds and the low-income housing tax credit, and he works with for-profit and nonprofit organizations on tax-incentivized, real estate-oriented ventures at both the project and fund levels. He also serves private equity commercial and market-rate clients.
Marc L. Schultz is a partner at Snell & Wilmer in Phoenix, where his practice centers on federal, state, and local taxation, including complex transactions involving corporations, limited liability companies, limited partnerships, tax-exempt entities, and real property. He counsels clients on mergers and acquisitions, joint ventures, private investment fund formation, tax credit financing, and energy transactions. Mr. Schultz chairs the firm’s Tax Credit Finance Group and Renewable Energy Group, and he founded and co-chairs its Opportunity Zones and Funds Industry Group.
Brent Parker is a partner at Novogradac & Company LLP, based in the firm’s Long Beach, California office. His practice centers on affordable housing and community development, with a particular focus on investments in qualified opportunity funds and the low-income housing tax credit, and he works with for-profit and nonprofit organizations on tax-incentivized, real estate-oriented ventures at both the project and fund levels. He also serves private equity commercial and market-rate clients.
September 17, 2026
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
