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How is the promoted interest structured in a QOF or a QOZB for the long-term capital gains income tax rate on its allocated share of profits?


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  • Matthew Rappaport
    February 09, 2022

    You just have to make sure it complies with the qualifications for long-term capital gain treatment under Section 1061. As you might already be aware, carries/promotes are not eligible for the ten-year benefit under the OZ program.

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