DXS
Level 3

Investors & landlords

The regs don't really address my situation, which is the QOF I invested in is buying back all the investments.  I wanted to "roll it over" but the QOF companies I called have no clue how to do a "rollver" and are not aware that you can or cannot "rollover."   A "rollover" is when you do not touch the money.  One company only knew how to reinvest a redemption.  But if you reinvest a redemption, do you get to keep your original investment dates to qualify for the 10% or 15% exclusion when you have to claim it in 2026?  (might be changed to 2028, all companies I talked to are aware of pending legislation)  And how do you report that on the Form 8997? I think it has to show on the 8949 first, but can you do the Z code and make it show as a redemption from original but invested in new?