Hey All!! I just want to remind everyone or anyone looking for a tax break that the Go Zone tax benefit will end at the end of this year.
Go Zone is a tax benefit that was brought about due to hurricane's Rita, Wilma and Katrina for certain effected counties in Alabama, and Mississippi. This means that if you qualify and the property qualifies you can take a 50% tax deduction after your purchase. Do you want to deduct 250,000.00 in taxes??? Then purchase a 500,000.00 rental income producing new property in a county that qualifies for this deduction. Take your tax deduction then rent out your property and you just created yourself a gold mine, especially in todays reduced priced market.
This web site may be a good source of information http://www.gozoneonline.com/?gclid=CP2MxqzpvpYCFQIyxwodrWuixA
Click on the above link for more information. I have properties listed that may apply and I have information on other properties for sale that may also apply. Check out my web site or contact me for more information at www.karensgulfproperties.com
Hope to hear from you ALL soon!!
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