Buildability- QOZ (Qualified Opportunity Zone)
- A federal tax-advantaged census tract designated under the 2017 Tax Cuts and Jobs Act. Capital gains reinvested in a Qualified Opportunity Fund (QOF) tied to a QOZ enjoy deferred recognition through 2026 and permanent tax exclusion on post-reinvestment appreciation if held 10+ years. Roughly 8,700 tracts across all 50 states and territories are QOZs. Buildability flags QOZ overlap in every Report.
- QOF (Qualified Opportunity Fund)
- The investment vehicle required to deploy QOZ tax benefits. A QOF must hold at least 90% of its assets in QOZ property — either direct real estate or stock/partnership interest in a QOZ business (Internal Revenue Code § 1400Z-2, read 2026-10-19). QOFs are typically structured as LLCs or corporations and must self-certify annually via IRS Form 8996. Originally authorized in 2017; extension of the program past 2026 is under active legislative discussion.
- Act 60 (Puerto Rico)
- Puerto Rico's Incentives Code, consolidating and replacing prior-statute tax benefits. Includes the Individual Resident Investor program (formerly Act 22, now Chapter 2 Subtitle B) offering reduced tax on Puerto Rico-sourced capital gains and dividends, and the Export Services Act (formerly Act 20, now Chapter 3) offering a reduced corporate income tax rate for exported services. The rates are set in the Incentives Code and its amendments; read the current text before relying on one. Relevant to any Puerto Rico property or business evaluation.
See every term in action.
Score any U.S. address free and watch zoning, flood, environmental and entitlement terms become one number.
Free to score · No card, no signup · All 50 states