Capital Gains Deferral After the OBBBA: Opportunity Zones 2.0, §1031, and Installment Sales for Clients Selling Businesses and Real Estate

Almost every attorney eventually has a client facing a large capital gain — a business sale, an appreciated building, a concentrated stock position, or inherited real estate — and the One Big Beautiful Bill Act just rewrote the rules they’ll use to defer that tax, with most changes taking effect January 1, 2027. That leaves a narrow window where the old and new Opportunity Zone regimes overlap, bonus depreciation becomes permanent, and clients keep getting pitched “deferral products” the IRS continues to challenge. This program gives tax, estate planning, and real estate attorneys a practical map of the post-OBBBA toolkit…