Well-known northwest Opportunity Zone lawyer and presenter, Coni Rathbone, will explain the benefits and requirements of the federal economic development tool known as Qualified Opportunity Zones (QOZ) and Qualified Opportunity Funds (QOF) at “Build Your Business with Opportunity Zones”. The presentation, sponsored by Spotlight Real Estate and Tradewinds General Contracting, will be offered at 10 a.m. and 1 p.m. on Friday, November 8, 2019 at the Title One Conference Education Room, 1940 S. Bonito Way, Ste. 190, Meridian, ID 83642. Register at: www.titleonecorp.com/productsandservices
Coni was one of the first attorneys in the Northwest to develop a practice advising investors, developers and their tax advisors on (QOZ) and (QOF). She is a partner in the Portland, Oregon real estate, business, agriculture, and litigation law firm of Dunn Carney LLP.
Coni is adept at sharing information, from the basic to the complex, relevant to her audience. She has hands-on experience in fund structure and development, property acquisition and tax and securities issues and includes examples from real-life OZ projects in her presentations.
Among her clients is a Portland developer who launched a $330 million Qualified Opportunity Zone Fund — one of the first and largest in Oregon. The developer is revitalizing a lot in downtown Salem, Oregon that held a long-abandoned, 70-year-old parking garage.
Coni is an advocate for the economic development and job creation benefits of OZs, a new point of interest among Dunn Carney’s clients from rural, agricultural areas.
“The Qualified Opportunity Zone program is designed to provide incentives to Americans who have capital gains built into their assets to put their gains to work on economic development projects in low-income and underdeveloped areas,” she points out.
Tim Bernasek, partner and chair of the firm’s Agriculture, Food and Natural Resources “Ag Team,” notes that many of his clients are particularly interested in learning how the program might be used to benefit their rural areas. Coni will also be discussing Opportunity Zones at the Dunn Carney Ag Team’s Annual Salem Ag Summit in January, 2020.
For more information about Opportunity Zones, visit DunnCarney.com/OZlaw .