JF2790: Opportunity Zones: The Ticket to Reducing Your Tax Liability ft. Ashley Tison
The Best Ever CRE Show
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Can You Explain the Six Month Test?
As part of the opportunities on deal, as part of your fund, you've got a six month test every six months that you've got to comply with the 90 per investment standard. And what it allows you to do is, when you're approaching that six month test, to drop the money from the fund down into the c o z b and then you pass that 90 % test. Caca: It's a 31 month working capital safe harbor that c o zbs have the ability to be able to use while they are looking for deals to deploy their cash into.
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