Opportunity Zone Help
I own two rental properties under and LLC which I purchased in the last year. The LLC consists of two equal partners, and both of these properties were purchased in opportunity zones. I am looking to take advantage of the tax benefits that opportunity zones can offer, and I am wondering if I can simply re-write the existing operating agreement to make the LLC an opportunity zone fund, or do I need to form a new entity and sell the properties to the newly formed opportunity zone fund. Thank you in advance!
Josh