You'll be eligible for tax benefits on the improvements if you use a ground lease structure.
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How can my vacant land located in an Opportunity Zone benefit from the tax incentive?
We have vacant land, owned free and clear for more than 50 years that is now in an OZ. Equity contribution for land will equal $5 million. Total project cost with a JV partner will be $60 million non capital gain investment. If we hold for 10 years, what tax benefits will there be?
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