It was recently passed with the new tax legislation.I've been trying to research this on my own, but haven't found a ton of info or any definitive experts who know a lot about this topic so wanted to see if anyone here is familiar with this or are thinking about creating a "opportunity zone fund" to take advantage of this program?

This is continuing to grow I know Tripz is doing this.

Very passionate about watching Tucson continue to grow and thrive. 

It's equal or more the principle and him continuing to email me.

Once you are "established", normal low owner-occupier interest should apply, but yes, depending on how spotty your income continues, interest rate could be higher.Welcome to BP.

Rental Income (continued) Note:A percentage greater than 75 percent may be used if the basis for such percentage is adequately documented.

The answers to "will the current owner continue to depreciate it" and such like are not in my wheelhouse, and are probably part of the reason the owner is reluctant to make a decision...

I’ll continue  for this post.Step 2:  A closer look.  

If you're not sure yet - then the best course of action is to file an IRS extension and complete the return later.Extension may be necessary either way, so you can connect with one of us tax experts.

I will post the outcome.I have been looking for multi family properties, but the hunt continues.