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IRS.gov Website
Publication 544
taxmap/pubs/p544-009.htm#en_us_publink100072473

Exclusion of Gain From Sale of DC Zone Assets(p21)

rule
If you sold or exchanged a District of Columbia Enterprise Zone (DC Zone) asset acquired after 1997 and before 2012, held for more than 5 years, you may be able to exclude the qualified capital gain that you would otherwise include in income.
taxmap/pubs/p544-009.htm#en_us_publink100072474

DC Zone asset.(p21)

rule
A DC Zone asset is any of the following.
taxmap/pubs/p544-009.htm#en_us_publink100072475

Qualified capital gain.(p21)

rule
The qualified capital gain is any gain recognized on the sale or exchange of a DC Zone asset that is a capital asset or property used in a trade or business. It does not include any of the following gains.
See section 1400B of the Internal Revenue Code for more details on DC Zone assets and special rules. See the Instructions for Schedule D (Form 1040) and the Instructions for Form 8949 for details on how to report the sale and exclusion.