Real Estate CPA Website Article Garbage? Depreciation Recap OppZo
This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:
https://www.therealestatecpa.com/blog/real-estate-...
Yet these other articles are stating that capital gain tax AND depreciation recapture tax are not taxable at sale:
https://www.thetaxadviser.com/news/2019/mar/irs-qu...
https://www.accountingtoday.com/opinion/opportunit...
It's my understanding that the step-up in basis would make the latter folks correct here (i.e., no depreciation recapture tax on 10-year-hold sale).
Thoughts? Any CPAs informed on this topic?
I'm also wondering if his mention that cash from non-deferral sources (i.e., QOF generated from regular funds not capital gains deferred funds) would not gain the 10-year CG-free benefit?