The QOZ program seems to let you defer capital gains tax on something like selling stock if you buy a property there. Sounds good to me if you have a lot of appreciated stock you want to invest. Ideally you’d hold it until death and never pay!
If you enjoy renovating, I’d again suggest OB. Very easy to find tenants and lots of old houses and small complexes. Some are 50+ years old and never have been renovated. I’ve done 3 so far and really enjoyed it. I finished the last one 2 years ago and am missing the fun of tossing 90lb bags of concrete into my car and the smell of fresh cut lumber. The streets behind sports arena blvd, Hancock and Kurtz, have a bunch of smaller and unique hardware stores that often have crazy prices. Those places, home depot, OB Hardware, and Dixieline are all very quick drives making the process simpler.
