Will QOZ 1.0 or 2.0 rules apply to this investment?
It depends on when you invest:
- Before January 1, 2027: QOZ 1.0 rules apply.
- On or after January 1, 2027: QOZ 2.0 rules apply.
The two sets of rules treat deferral timing differently. Your tax advisor can confirm which rules apply to your situation.