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Michelle Reid
  • Rental Property Investor
  • MA
37
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Non owner occupied in opportunity zones benefit?

Michelle Reid
  • Rental Property Investor
  • MA
Posted

Are there any incentives for an investor to purchase a multi- family in an opportunity zone similar to 203k loans if you're not owner occupied?

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

There are no benefits to occupying a property in an opportunity zone

If someone has capital gains to defer they can do so into an opportunity zone and potentially have tax benefits.

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Kolodij Tax & Consulting

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