Qualified Opportunity Zone Fund Experiences

[Damon Wong]

Has anyone had good or bad experiences with specific and/or general Qualified Opportunity Zone Funds? I’m looking to roll some Capital Gains into a passive QOF investment and just started researching/reviewing the various funds to invest with.

Thanks,

-Damon

[Jason Hsiao]

Yeah, @Damon Wong I would almost evaluate these funds like you normally would but they happen to be in a QOZ similar to @Jim Kittridge said. The business plan and operator has to be sound. The downside is you are pretty much committed to it for 10 years so make sure the sponsors have plans to refi or provide liquidity for you to pay your actual tax bill on April 15, 2027. You can technically sell it and roll it into another fund within a year to maintain the tax benefits but it's really hard to find these properties that investment sense as well.