Qualified Opportunity Zone Tax Defferal

[Ross Shively]

Has anyone delt with the workings of the QOZ investments? I have a property that I bought in 2015 that is designated in a QOZ. I am trying to read through all the tax words and understand. Am I reading it right when it says you have to have purchased the property after Dec 1017?

[Natalie Kolodij]

Already owning an asset that happens to be in a QOZ doesn't offer any benefit. 

If/when you sell it could offer potential benefit to the buyer if they are deferring a capital gain by purchasing your asset and forming a QOF.