General Rules

Investor Qualifications

• Capital gains investment should include any gains from recognized taxable exchanges — proceeds from the sale of bonds, stock, property, or interests in a partnership/business.
• Both short-term and long-term capital gains can be invested.
• Gains taxed as ordinary income and gains from derivative contracts do not qualify.
• Capital gains must be invested within 180 days of being realized.
• You are fully responsible for ensuring eligibility based on your unique circumstances.
• Taxpayers can defer capital gains as individuals, C-corps (including RICs and REITs), trusts, and partnerships.
• Tax benefits are only available to investors with qualifying capital gains.

Qualified Opportunity Zone Fund

An investment becomes a Qualified Opportunity Zone Fund if it is from a corporation or partnership created for the purpose of investing in the Fund.

To become a Qualified Opportunity Zone Fund, 90% of the invested assets must be invested in the Opportunity Zone property — and that property must be substantially improved or have its original use begin with the fund.