Opporunity Zone Investment

[Florida_EA]

Can an entity receive funds from the Capital Gains that will be deferred and investment in the opportunity zone through another entity. For example Partnership A is acting as the Opportunity Zone Investment entity. Can it send funds to another entity Partnership 2 that buys the Opportunity Zone Property. Or does Parthership A have to make the investment directly

[New York Enrolled Agent]

I'm not sure but you need to look at §1400Z-2(d) - it suggests the latter.

BTW, I assume based on your post that P#2 is not a QOZ entity