### Question
How does NORMAL TAXES AND SURTAXES define specified Gulf Opportunity Zone extension property?


### Answer
Under *26 U.S.C. § 1400N*, **specified Gulf Opportunity Zone extension property** is defined as:

> property—


(i) substantially all of the use of which is in one or more specified portions of the GO Zone, and


(ii) which is—


(I) nonresidential real property or residential rental property which is placed in service by the taxpayer on or before December 31, 2010, or


(II) in the case of a taxpayer who places a building described in subclause (I) in service on or before December 31, 2010, property described in section 168(k)(2)(A)(i) if substantially all of the use of such property is in such building and such property is placed in service by the taxpayer not later than 90 days after such building is placed in service

#### Citation:
  - *26 U.S.C. § 1400N*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter Y-Short-Term Regional Benefits > PART II-TAX BENEFITS FOR GO ZONES**

