Opportunity Fund

Common Rules

To invest in the Opportunity Zone Fund, eligible Capital Gains should be from recognized taxable exchanges including the sale of property, stocks or bonds, and sale of shares from a partnership.
You can invest in an Opportunity Zone Fund both short-term and long-term Capital Gains
Gains from derivative contracts or those taxed as normal income do not qualify as an eligible investment.
The investor can only invest in the Opportunity Zone Fund within a period of 180 days after earning the capital gains.
The investor must choose to defer earnings in the tax return in the Capital Gain’s year and the Opportunity Fund’s investment.
It is also the responsibility of the investor to ensure qualification and eligibility of his or her investment based on their unique circumstances.
Taxpayers have the option to defer Capital Gains via an Opportunity Fund investment as individuals, corporate entities such as RICs and REITs, as well as trusts and partnerships.
Tax benefits for the Opportunity Fund are only available to investors who have qualifying Capital Gains.

Investments that qualify for the Opportunity Fund Zone are investment vehicles that can be categorized as a partnership or corporation created for the sole purpose of investing in property within the opportunity zone.
90% of the assets in the Qualified Opportunity Zone should be invested in a property within the qualified opportunity zone.
The investor’s Capital Gains should be equity rather than debt money in order to qualify as an investment in the Opportunity Zone Fund.
Any property directly or indirectly invested into the fund must have shown significant improvement in the previous 30 months. Alternatively, they should have their initial use start with the Fund in the Opportunity Zone.
It is the general intention of the Fund to significantly improve an existing property by engaging in a ground-up development process and invest new funds into the property for the property’s initial purchase price.