Can you 1031 into an Opportunity Zone Fund?
A lot is being written about Opportunity Zones and many small and large investment firms are currently setting up and funding various Opportunity Zone ventures throughout the country. I have several "management" intensive properties that I would like to liquidate and 1031 those funds into an established Opportunity Zone fund and park those funds capital gains tax free for 10 years. Question: Can 1031 exchange funds go into an opportunity zone fund? Is this something that small time investors are doing or these Opportunity zone funds only for the large institutional money. Simply, is the "smart" money flowing to these funds or is this just the beginning of another real estate "tulip" mania. Any small time investors investing in Opportunity zone funds and what has been your experiences? Thanks in advance for your responses....