Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Qualified Opportunity Zones
I'm planning to purchase a multi-family in Easton, PA in a qualified opportunity zone (QOZ), however I don't have capital gains with which to purchase. I'm considering collaborating with someone interested in investing capital gains for the sale of the property and am researching how that would work/be structured. Does anyone have experience in this arena? How do you find and approach investors?
The Registered Agent of the holding company's LLC will be in a keystone opportunity zone (KOZ), so I believe state and local income tax and a host of other taxes could be abated as well.
Ultimately I'll consult with my CPA, but I'd love to know if this is something that's even viable first. I was initially thinking of a hard money loan to get started but poking around the forums inspired me to get a little more creative. I welcome any and all advice. Thanks in advance!