You can only use long-term capital gains to qualify in a QOF. So the only property you can transfer to a QOF is cash.
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When I transfer property to a QOF, does my holding period of the property also transfer to my QOF eligible investment?
When I transfer property to a QOF, does my holding period of the property also transfer to my QOF eligible investment?
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Only for purposes of all provisions other than the Opportunity Zone laws. For purposes of the Opportunity Zone laws, the holding period starts anew.
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