I am not aware of any guidance on the subject but would be wary that the IRS can apply the anti-abuse rules if they view this situation as going against the goals of the OZ program.
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How can I launch a QOZB with remote workers by having an address in an Opportunity Zone?
I want to start an advisory business that reap the OZ benefits, but since most of my workers would work remotely, I don’t need a physical office. How can I still take advantage of the OZ incentive?
Answers
You must always comply with the QOZB requirements: substantially all (70%) of the tangible property owned or leased by the trade or business is OZ Business Property; 50% of the gross income is derived from an active conduct of a trade or business earned in an OZ; 40% of the intangible property is used in the active conduct of a trade or business in the OZ; less than 5% of the aggregate unadjusted bases of the property of the QOZ trade or business can be attributable to non-qualified financial property (debt, stock, partnership interests, options, other similar property); not a sin business.
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