Opportunity Zone Funds have been one of the most powerful tools for investors since they were created under the 2017 Tax Cuts and Jobs Act. They allow you to defer capital gains, potentially eliminate taxes on new growth, and at the same time, invest in communities that need it most.
But as with most tax strategies, the rules don’t stay the same forever. Enter the One Big Beautiful Bill. This sweeping piece of legislation brings major changes to how Opportunity Zone Funds work—and if you’re an investor, business owner, or real estate developer, you’ll want to understand what this means for your future.
What’s Changing with Opportunity Zone Funds?
The bill introduces a few important updates:
- No more 2026 “end date” — the OZF program is now permanent.
- New rules on which communities qualify, with more focus on rural areas.
- Changes to the step-up in basis timelines and deferral rules.
- Tighter guardrails to ensure investments truly benefit local communities.
Why This Matters
For investors sitting on capital gains, OZFs may now look even more attractive—but the strategies you used in the past may no longer be the best fit. These updates could reshape how you plan, where you invest, and how long you hold your funds.
Next Steps
I break down these changes in plain English in my latest YouTube Short. If you’ve been curious about Opportunity Zone Funds—or you’re wondering how the new rules could affect your tax strategy—you’ll want to give it a watch.
Book a free 15-minute discovery call here!