Initial Year of Filing Form 8996

Technical topics regarding tax preparation.
#1
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20-May-2014 2:33pm
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If an individual has a gain on his 2021 tax return that is being deferred via investment in a QOF LLC, but the money is not put into the QOF LLC bank account until 2022, does the QOF LLC just file a normal Form 1065 for 2021 (most would be with no or minimal activity I suspect) with no Form 8996, and file a Form 1065 for 2022 with the initial Form 8996? Thanks.
 

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