Qualified Opportunity Fund (no forum category for OZ)
Hi all. I have been on this site for a while, just as an observer and now I have a question for my next investment strategy: My business partner and I are selling our 3 multi-family properties and dissolving our partnership. I would like to create a Qualified Opportunity Fund to place the capital gains from our property sales and invest in an Opportunity Zone. I would like to venture down this path solo and so can I create a single member LLC that is taxed as an S or C corp? If so, which designation is the better option, S or C? Thank you, Connie