Ashley: That`s right. in most cases, you know, of course, there will be a couple that is not feasible. You know how heavy manufacturing is very expensive in equipment. It could be a bit hard if they are already in the area. But the lion`s share of business, I would say, is a possibility that you could get there. With a specific QOZ goal for acquisition, you can market the possibility more effectively by using real-time numbers, search data and more realistic projections than an example made from a similar purchase. Investors will be more comfortable seeing photos from a website or project live and better visualizing their dollars at work. The authorized features of QOZ also include qualified sales area inventory, a qualified timely area partnership interest and eligible opportunity area business real estate. But for now, the way we manage this is your existing assets, if you`re in an area, we treat them like what we call bad assets. We put them in this 30% category. And then we`ll see if there`s a way to buy or acquire 70% of the new assets or assets transferred from outside the zone to the zone to do the 70% test. And besides, a new lease, a capital lease for, like a real estate deal, will apply to this category of 70%. The net net worth of the total value of the lease you pay therefore corresponds to your 70% category.
It`s time to attract interested investors. Make sure the materials you have produced are simple and clear, with projected returns as such and investor agreements available for further review. Ashley: You know, I think it`s really cool that this site exists. And it`s an ability, and it`s an opportunity for people to get forms and be able to run a race. And I really hope it will be used to advance this program in practice. After qualifying the candidates and collecting the corresponding documents and personal data, you take the time to meet and revise the investor agreement, specifying the expectations of each party, so that they are confident in the time frame for the necessary contributions and revenues. Jimmy: I have it. All right. So there are different options. Just to recap what you just said, if I understand you correctly. If you`re a new company, a startup that enters a timely zone, it`s pretty simple. It`s very simple.
If you`re an existing company that`s currently outside the zone and you`re moving into an area, it`s also pretty simple. The problem becomes, if you are an existing company that is already present in an area of opportunity, which is a little more difficult to determine, but it is speaking with the right know-how and know-how that guides you through it.