Purchasing Opportunity Zone Property W/ Stock Sale Capital gain?

[Kelly Wiggs]

There's a building I'm planning to purchase next week using the proceeds from the sales of stock. Has anyone done this? I have a meeting with my accountant next week to discuss, but I wanted to reach out and get feedback from anyone who's been through the process. My understanding is I have to form an entity that will hold 90% of its assets in an OZ, and it has to be a partnership or corporation not an LLC? The stock is held in my personal name. I didn't see rules for the proceeds from the sales of the asset; do the proceeds have to be held by an intermediary like in a 1031?