My business partner and I have been speaking with a VC company that is heavily invested in NL and learned that if you purchase a building in a QOZ and hold onto it for 10 years you can avoid the capital gains. 

Thank you that is also what I’m thinking but there are so many different answers some refer to financed purchasers having only 60 days to begin occupancy - as a buyer who will not need financing that is where I am finding difficulty - our agent is checking but also getting different answers - I may just call HUD and speak to someone. 

@James HumphreyI would suggest speaking to local banks, and credit unions.

You will probably hear from my husband, John as he's taking the lead in speaking with lenders.

We have no idea how many did speak with agents and agents said don't do it and still they purchased.

But hey, I’m learning about it as we speak—always room to grow! 

It really helps to speak to someone at the agency because they often will give you recommendations on how to do what you want to do legally.

Account Closed I would love to speak with you about your property management needs.

These typically cost money.Direct contact: In some cases, you may be able to contact the owner directly by knocking on the door and speaking with them.

Ask to speak with some of their current owners and current/former tenants.