Have you start/open/invest in an Opportunity Zone Fund /QOF
Hi everyone,
For some us investing within an Opportunity Zone seems to be better compare to 1031 (or mitigate short terms gain) and looking to understand the over all process and cost associated with it. To start with i have broken down into 3 categories. After spending a decent amount of time looks like I am stuck at #3 below . I have asked my CPA and to expedite the process/cross check hoping some of us who have already done this could share their experiences
1) What is OZ and does it fit into my investment goal
2) Where i can invest and potential investment categories (SFR/Land/MFR/Comm/Biz) and how to fit in (syndication/self)
3) Cost of transaction (How to start a Qualified Opportunity Fund and How to maintain/Cost of doing so)
Video below is what i found very comprehensive/informative and covers #1 and 2 above.