Realized 1031 Glossary of Terms

Qualified Opportunity Fund Certification

Written by The Realized Team | Jul 18, 2022 12:00:00 PM

To become a Qualified Opportunity Fund, an eligible taxpayer self-certifies.  As of now, no approval or action by the IRS is required.  To self-certify, a taxpayer merely completes a form, which will be released in the summer of 2018, and attaches that form to the taxpayer’s federal income tax return for the taxable year.