That would be problematic, as it was purchased so long ago. It might be doable by creating a new entity and selling the property prior to the improvements. I would have to do some research. My rate is $400 per hour.
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How can a building converstion qualify as a QOZB?
An office building purchased by a group of investors in 2017 is being converted to a hotel. Can a structure be created to qualify this project as a QOZB?
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