Qualified Opportunity Zone question

[Michael Jackman]

There is an opportunity for a complete remodel to a commercial property with store front first floor and residential remaining floors. It is also located in an QOZ. I'm not familiar with the tax benefits, though I have spent a little bit of time studying up on it. 

I'm just curious if you have had a good experience with this? Has it been a good tax deferring strategy for you? Pros/cons if any?

Thanks!