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Comment by anonu

OZs are the Wild West right now... There is no clear guidance on what is allowable and what is not. If you want to invest through this mechanism, it may be better to hold off or the IRS may come knocking on your door in a few years.

Buying real estate for personal use would seem like undermining the spirit of the OZ legislation. I don't think it will fly...

parent anonu 8 years ago

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