Has anyone on this forum purchased an operating business located in an opportunity zone and structured the deal to take advantage of the OZ tax laws? I'm currently looking at a company in an OZ and would like to speak to searchers who have done this before.

Questions:

  • - How to deal with the OZ substantial improvement requirements
  • - Did the OZ tax benefits (e.g. 0% capital gains on sale and deferral/reduction of existing cap gains) help you raise money (in self-funded searcher scenario).
    - Structuring considerations, e.g. pass-through entity vs. C-Corp.
    - etc.