What is a DC-approved Qualified Opportunity Fund?
To qualify for the DC Qualified Opportunity Fund (QOF) capital gains deferral, you must have invested those capital gains in a DC-approved QOF. A DC-approved QOF is one that:
- Is approved by the District of Columbia Government, and
- Has invested at least the value of your investment in the QOF in eligible Qualified Opportunity Zone Businesses (QOZBs) or Qualified Opportunity Zones Business Property (QOZBP) in DC.
