All Forum Posts by: Cooper Marcus

I understand that a lot of money has recently flowed into Opportunity Zone Funds - with likely more coming through the "deadline" at the end of 2019. I'm under the impression that those funds haven't identified all their projects - and that there will be significant demand, by these funds, for qualified projects in Opportunity Zones. 

I'm interested in securing such projects and selling them to Opportunity Zone Funds - is this a plausible strategy? 

What sort of smaller multi-family deals would Opportunity Zone Funds want to buy?

And, how should these deals be structured? Should I, as the project "finder", do these deals in my own Opportunity Zone fund? 

If this topic has already been discussed, I welcome your pointers to those threads - sorry, I didn't find them with a quick search.

(To help keep this topic focused, I suggest we not discuss the basics of Opportunity Zones and Opportunity Zone Fund investing herein - there are lots of other threads and websites about "the basics" - thanks!)

The process is quite involved - notifying your CPA, or simply registering the investment, will certainly NOT work.

You need to form a Qualified Opportunity Zone Fund (QOZF or QOF), invest cash into that fund from capital gains, then the fund would acquire, substantially improve, and operate the duplex - and there are WAY more details. 

I think the first big question for you to consider in all this (and there are LOTS of big questions) is the source of cash you are using to acquire the duplex - if it is not capital gains, from a sale of an appreciated asset that occurred recently (<180 days, I think), then there is no reason for you to consider OZ investing. If it is capital gains, you need to quickly educate yourself on how OZ investing works - some quick Googling will get you going!