qualified opportunity zone investment Archives

Letters Sent to Taxpayers Missing Qualified Opportunity Fund Information

Bailey Scarano Blog, Tax & Money Tips / By Bonnie Buol Ruszczyk

Did you invest in a Qualified Opportunity Zone Fund (QOF) in 2021? If so, you may have received, or may still get, a letter from the IRS if you need to take additional actions related to that investment. These letters are sent to taxpayers to inform them that the annual certification of investment standard is […]

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Roll Your Capital Gains into a Qualified Opportunity Fund

When you sell real estate, a business interest, real estate or other highly appreciated property, you can get hit with a substantial capital gains tax bill. One way to lessen the burden — but only if you’re willing to tie up the funds long term — is to “roll over” the gain into a qualified