Qualified Opportunity Fund - DIY or get help
Need feedback from everyone. I have read up enough on Qualified Opportunity Fund/Opportunity zones that I feel I can create the fund myself but i am a little hesitant to make a mistake.
I intend to
1. Create a LLC with 2 members
2. Get a bank account under the LLC name and move my capital gains there
3. File form 8996
4. Purchase Single Family Home under the LLC's name in OZ
5. Make upgrades (for an equal value of investment minus land value) in the specified time
Should I spend thousands and get help from accountants or services? My capital gains are around $100k
Any help would be appreciated. Thanks