If you can't complete the Form by the deadline (although that deadline was extended to May 17 this year), then you have to file an extension using Form 4868 in order to include your Form 8824. 

Hold your GC accountable to deadlines early and often.

It would be tight for a couple and one kid.

OR be a very good sub trade working for high dollar jobs  Not blow and go rehabs on a very tight budget. 

You just have less time before your initial cap gains are due, since all QOZ investments require a Dec 2026 deadline for payment of cap gains on what you put into the fund.  

The numbers are tight at current rents (although we will always feel like we're winning since we are owner occupying the property and instead of paying rent to a landlord we will be paying very low monthly rent (to ourselves), if any, as well as benefitting from ~$1,000 per month in loan amortization and potential for appreciation).

The numbers are tight at current rents (although we will always feel like we're winning since we are owner occupying the property and instead of paying rent to a landlord we will be paying very low monthly rent (to ourselves), if any, as well as benefitting from ~$1,000 per month in loan amortization and potential for appreciation).

The inspector came back out 5 days later, but it was 3 days after my deadline for inspection negotiations.

The bad news is close doesn't count with the 36 month deadline.

The foundation can be treated with a water tight sealer that will keep water out, unless there are larger cracks or other issues to deal with.