Bisnow
Kerri Panchuk

Investors welcomed the second set of opportunity zone rules in April, which allows exits from qualified funds with a chance to take advantage of eligible tax benefits via asset sales in addition to the previously allowed equity sales.

If you do an equity sale, everything in the fund is required to go with the sale, while asset sales allow a purchaser to acquire individual fund assets, McGinnis Lochridge attorney and partner Douglas Jones said.

While asset sales give investors and funds another exit strategy, it isn't always the best choice. Read more