Bona fide, third-party leases are OK under the OZ regulations. You can lease equipment and still have that equipment qualify as good property.
What are the requirements? Also, will leased property qualify for my QOZB?
Bona fide, third-party leases are OK under the OZ regulations. You can lease equipment and still have that equipment qualify as good property.
DISCLAIMER:the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.