Qualifying for Opportunity Zones

[Blaine Gerick]

Hey y'all, I have a question about Opportunity Zones but I can't find the answer online. I know someone on this forum should have the answer.

To qualify for the benefits of an Opportunity Zone, do you have to finance through a construction loan or can you purchase from a builder using an investment loan? This is assuming original use and a non-cash deal. I understand the entity on the loan has to be a Qualified Opportunity Fund and the real benefits start after year 10.