Opportunity Zones ?

[Jill Curran]

Newbie here. I'm looking at a duplex as my first investment property, and after hearing about Opportunity Zones, I see that it's in one. I'm trying to understand what this means when it comes time to sell. OZ's look kind of 1031's but without the need to buy another property. Maybe that's way off in a way I'm not seeing, since I'm new to REI. Also, I heard you have to put into the property as much as the sale price, but I can't find that anywhere to verify. Anyone know the scoop on OZ properties?

Thank you all for your help educating me!

[Tommy Carey]

Has anyone considered investing in properties in proximity to developments in or near the OZs?  If these properties have the requirement of being improved 100% in 30 months, your investment will also see, in theory,  a concurrent benefit right?  I've been picking up land listings in these areas near places that I've seen larger funds and institutions purchase property and businesses in anticipation of this benefit.