mississippi homes: Still time for a great opportunity in the GO ZONE
- 04/06/08 02:44 PM
The U.S. Senate approved a measure Friday to extend the Gulf Opportunity Zone Act, giving new hope that lucrative tax incentives to build condos, apartments and businesses will last a few more years.U.S. Sen. Roger Wicker added an amendment to a housing bill, and his addition passed 74-5. U.S. Sen. Thad Cochran co-sponsored the bill. The new GO Zone plan would give tax breaks to builders of apartments, condos and businesses only in Hancock, Harrison, Jackson, Pearl River and Stone counties. When it passed just after Hurricane Katrina in 2005, the legislation had incentives for nearly 50 Mississippi counties but those are … (0 comments)
mississippi homes: GO Zone Post
- 03/18/08 09:09 AM
The opportunity for good projects are few and far between. The GO Zone provides one such opportunity for investors and realtors alike to actually create a portfolio that makes sense. No going through the lengthy process of finding a viable short sale or foreclosure, no relying on a big builder discount. Here is an opportunity that makes sense for all parties, and most of all helps a community rebuild. Get in the zone-The GO Zone - Get more free documents … (0 comments)
mississippi homes: GO Zone for the ordinary person
- 02/29/08 05:42 AM
You can fing groups posting, blogging, webinars, seminars, e-campaigns, tours, rallies, media blitzes, faxes, carrier pigeons, smoke signals, drums, intelligence briefings, and virtually any other king of media summit all talking about the "GO Zone". But does it make sense to the average person? The IRS has all kinds of incentives and tax breaks such as bigger education credits, extended tax deadliines, bigger charitable giving deductions, and much more. But... the one that you as a real estate investor should pay attention to is the whopping bonus 50% depreciation allowance for investors purchasing property (not just real estate) after August 27, 2005. As … (0 comments)
The U.S. Senate approved a measure Friday to extend the Gulf Opportunity Zone Act, giving new hope that lucrative tax incentives to build condos, apartments and businesses will last a few more years.U.S. Sen. Roger Wicker added an amendment to a housing bill, and his addition passed 74-5. U.S. Sen. Thad Cochran co-sponsored the bill.;)
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