IRVINE, CALIF./ APRIL 29, 2019 (STL.News)
Scott Turner, executive director of the White House Opportunity and Revitalization Council, will be a keynote speaker at the Opportunity Zone Expo in Las Vegas on May 9-10, which is set to once again be the nation’s largest event in the Opportunity Zone investment industry.
Turner, a former NFL star and Texas state legislator, joins the expo’s prestigious lineup of more than 100 speakers, including Arizona Gov. Doug Ducey, Congressman Mark Amodei (R-Nevada) and Steve Glickman, a former Obama administration economic adviser and architect of the law that established the Opportunity Zone program.
President Trump established the White House Opportunity and Revitalization Council in December 2018. The council has been tasked to encourage public and private investment in urban and economically distressed areas of the United States. Part of its mission involves close collaboration with federal, state and local governments.
Thousands are expected to attend the Las Vegas Opportunity Zone Expo, scheduled for May 9 and 10 at the Mandalay Bay Resort and Casino. The event follows the success of the company’s sold-out Opportunity Zone Expo in Los Angeles in January, which drew the country’s largest industry attendance.
Las Vegas Opportunity Zone Expo speakers from around the country will share their insight on Opportunity Zones, Qualified Opportunity Funds and related investment and capital-raising topics on interactive panels. Conference attendees include fund managers, attorneys, real estate developers, tax specialists, investment banks and government officials.
The expo will also feature a dedicated panel about investment in Nevada – the Silver State. The panelists are former Nevada Attorney General Adam Laxalt, Carson City Mayor Robert Crowell, Clark County Commissioner Marilyn Kirkpatrick, North Las Vegas Mayor John J. Lee and Washoe County Commission Vice Chairman Bob Lucey.
In addition, the Las Vegas Opportunity Zone Expo will debut the inaugural edition of the peer-reviewed Opportunity Zone Magazine, the country’s first publication dedicated to coverage and insight into this exciting market. Within the magazine is a who’s who listing that recognizes the country’s Top 25 Opportunity Zone Influencers in five categories — Attorneys, Fund Managers/Developers, Tax Specialists, Policy Influencers and OZ Professionals in Specialized Fields.
“The Opportunity Zone Expo and Opportunity Zone Magazine have become the leading sources of information and networking opportunities in this industry,” said expo founder Ali Jahangiri. “Attendees of our Las Vegas expo will have much to gain from this new frontier of American investment. It’s an exciting time to learn and network.”
Headquartered in California, the Opportunity Zone Expo mentors industry leaders about beneficial tax incentives through the Opportunity Zone community development program established by Congress under the Tax Cuts and Jobs Act of 2017. Specifically created within the act are Opportunity Zones, which are low-income communities that are attractive for investment because they offer tax incentives to investors. There are 8,700 zones in all 50 U.S. states, five territories and Washington, D.C.
Investors to the zones can defer capital gains tax by 10 percent after 5 years, 15 percent after 7 years or pay no tax after 10 years. The law also allows investors to pool their money investment into special Qualified Opportunity Funds.
For more information about sponsorships or to buy tickets, visit http://www.opportunityzoneexpo.com.
Follow us on social media:
Marie Ekberg Padilla
Editor in Chief
Opportunity Zone Magazine