There is some talk on wanting the IRS to clarify if it must be capital gains or if ordinary gains would qualify as well due to certain language that only refers to "gains"From what I have heard the reasoning behind requiring capital gains to fund OZ investments is to trigger sales and spur economic activity (you must have a sale to trigger capital gains) as well as to get some idle capital gains taxed even if they are deferred until 2026.

Once you rent for X amount of time it takes to save a more sizable down payment (20-30k) you can pull the trigger with no fear because you know your market.

I'm pulling the trigger to submeter water and sanitation at an apartment.

So Greg, Did you ever end up pulling the trigger and using REIVault?

Just because you're not ready to pull the trigger on deals doesn't mean you can't look at deals. 

You make one calculation based on todays number and BAM... you pull the trigger.

And start analyzing properties as well, so that you can pull the trigger when one fits your criteria. 

Are you a new investor and having trouble pulling the trigger on a deal?

Key West seems to be somewhat underrepresented, so hoping to find a local or two to bounce ideas off of.Joined to get information and motivation to pull the trigger in the future.

@Andrew Y.It would generally trigger UBIT  because of the business activity.