Opportunity Zone Magazine Opportunity Zone Magazine Volume 1, Issue 1 | Page 89

OPPORTUNITY ZONE EXPO LOS ANGELES M ore than 1,000 professionals from around the United States attended the Opportunity Zone Expo in January in downtown Los Angeles to learn and network about Opportunity Zones. It was standing-room only for many of the expo’s panelist tracks that explored investment and capital raising strategies. The expo hosted 50 panelists from around the United States who spoke on a series of topics that included identifying Opportunity Zones, choosing the best investment, exit strategies, the basics of Qualified Opportunity Funds, capitalizing on opportunities and maximizing public/private cooperation. The expo was also proud to host 20 sponsors whose booths filled the Exhibitor Hall and provided information on projects, capital raising and partnerships. During the expo, Ma announced that the Golden State is looking to conform aspects of its tax code with Opportunity Zone legislation in an effort to boost local economies and spur investment. “We want you to stay here,” Ma told the sold-out expo crowd. “California is open for business.” Rothfus, the former Pennsylvania congressman, called the Opportunity Zone laws, which were created as part of the Tax Cuts and Jobs Act of 2017, “what organic, bottom-up economic initiatives are.” OPPORTUNITYZONEMAGAZINE.COM 87