1031 Exchanges
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on .
presented by

Buying a property in Opportunity Zone - need guidance!
I am purchasing my first investment rental property, which happens to be in an Opportunity Zone in Denver. I don't close until the end of the month (or 3 weeks) and I have funds sitting in an account which are from a stock sale with significant capital gains. What are my next steps in order to be able to utilize the Opportunity Zone program. I plan on holding the property for the full 10 years per the OZ program. House will go into an LLC (can this be the same LLC as the OZ fund, or do I need to set up different LLC to transfer funds into?) Any specific guidance would be much appreciated!