There is plenty of chatter and hype about investing in Qualified Opportunity Funds (QOF) to defer real estate capital gain. The Qualified Opportunity Zones (QOZ) and Qualified Opportunity Funds (QOF) were created in TCJA legislation a year ago, but there are still many unanswered questions.
In many cases, the 1031 exchange remains a better way to defer real estate capital gain. Real estate investors need to understand QOF limits and risks clearly.
An excellent article by real estate attorney Matthew Rappaport is at: