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:

1. Is approved by the District of Columbia Government, and
2. 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.