That is, inventory doesn’t fail to qualify solely because the stock is in transit from a vendor to a QOF or QOZ business or from a QOF or QOZ business to a customer. If a building is used in the lively conduct of a commerce or enterprise, you usually do not must substantially enhance the parcel of land on which the constructing is located. However, if the land is unimproved or minimally improved, the land should be considerably improved.
