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Updated almost 3 years ago on . Most recent reply

User Stats

10
Posts
7
Votes
Travers Xanthos
  • Investor
  • Nashville, TN
7
Votes |
10
Posts

Opportunity Zone Fund after Completion

Travers Xanthos
  • Investor
  • Nashville, TN
Posted

Hi all!

I recently learned about opportunity zones and realized that a property that I recently developed would qualify.  I bought an existing home in 2019 and made renovations + built two additional dwellings on the lot, these homes are located in an opportunity zone.  I plan on holding them for 10 years as well and would like to take advantage of the tax savings.


I was wondering if it is too late for me to create an opportunity zone fund since the project has already been completed.  Does anyone know if it's still possible for me to go through the process?


Thanks so much!

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