Roll capital gains into a Qualified Opportunity Fund within 180 days of a sale. Defer the tax. Hold 5+ years for a 10% reduction on what you deferred. Hold 10+ years and pay no federal capital gains tax on the fund's appreciation.

No sunset. No expiration. The program is now a permanent feature of the tax code, with census-tracked redesignations every 10 years. You can plan around it with the same confidence you bring to any other long-term strategy.

The deferral clock now starts the day you fund the investment, not a fixed deadline. Every investor gets the same full benefit regardless of when they get in.

Hold for five years and you owe tax on 90 cents of every deferred dollar, not a dollar. That 10% reduction was removed under the original program. It is back.

Washington's state capital gains excise tax does not fully conform to the federal OZ exclusion. Whether state tax applies at exit depends on fund structure. Work with qualified tax counsel.

OZs at Parcion sit alongside installment sales, charitable structures, estate planning, and tax-aware strategies — coordinated around the timing of a sale. We've walked clients away from funds that didn't meet our standard.