5 New IRS Rules for OZ 2.0 Nominations (Episode 379)

About this episode

This episode discusses the new IRS guidance on Opportunity Zone nominations under OZ 2.0.

The IRS just released Rev. Proc. 2026-14, the first official guidance on how states will nominate census tracts for Opportunity Zone designation under OZ 2.0. The nomination window opens July 1, 2026, with the new zones going into effect on January 1, 2027. In this live episode of OZ Office Hours, Jimmy Atkinson breaks down the new guidance, including the five key things you need to know. Note: The IRS originally numbered this guidance as Revenue Procedure 2026-12 before renumbering it to Rev. Proc. 2026-14 after this episode was recorded. More info: https://opportunityzones.com/2026/04/irs-releases-oz-2-0-nomination-guidance-5-things-you-need-to-know/

People in this episode

Host: Jimmy Atkinson

Topics covered

• IRS guidance
• Opportunity Zones
• OZ 2.0
• census tracts
• investment
• real estate

Keywords

• IRS
• Opportunity Zones
• OZ 2.0
• Rev. Proc. 2026-14
• census tracts
• investment
• real estate

Mentioned in this episode

Organizations: IRS, Opportunity Zones Podcast

Books & works: Rev. Proc. 2026-14, Revenue Procedure 2026-12

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