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How can I purchase an autoshop property in an Opportunity Zone and convert it into medical clinics?

Will it disqualify the test for QOZB or QOF? We will be operating the business as a QOZB and also acquire the property with a QOF.


Answers
  • Matthew Rappaport
    November 26, 2022

    You'd probably want two separate QOZBs, if not two separate QOFs as well: one for the property and one for the business. But this sounds on its face like it would qualify.

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