How Do OZ Investments Work?
Any eligible taxpayer that has experienced a capital gain can invest in a project located in an OZ, provided the project meets the statutory and regulatory criteria. Eligible taxpayers include individuals, corporations, or Qualified Opportunity Funds (QOF) (discussed in the next section). Eligible equity investments include investments in new or existing businesses located in OZ communities, as well as real estate and business assets designed to provide market-based solutions to benefit the community.