Mississippi - Louisiana Go Zone
Properties

 

 

 

Invest
_________________________________________

The Gulf Coast Communities remain very viable investment areas. They are filled with Casinos both in existence and more than a dozen coming on line in the next five to seven years. In addition to the Casinos the various trades will expand as the service support industries to the casinos are in demand. Schools and hospitals are on the drawing board and in Bay St. Louis the City has contracted for the feasibility of a Marina right off of Beach Boulevard.
To spur the economy and recovery the Federal Government is offering an incredible Tax Incentive to selected investors, who invest in residential rental property. You could be one such investor and enjoy the benefit of Uncle Sam funding a majority of your investment and then enjoy the capital gains that comes from investing in quality residential homes. After five years you may want to Exchange it into another property, using a Qualified Intermediary in a 1031 Exchange, and defer the capital gains for an extended period of time!

 

 


Go Opportunity Zone Act of 2005

   
 

Go Zone Initiative by the Fed. Gov't
After Hurricane Katrina the federal government enacted the Go Opportunity Zone Act of 2005, affectionately known as “Go Zone.” In essence the Act provided for the following: qualified property (residential rental property) and/or software, leasehold improvements related to interior portions of nonresidential real property and other property with a recovery period of 20 years or less; nonresidential real property (39 years) and residential rental property (27.5 years) are all eligible for Go Zone benefits if used in the active trade or business of the taxpayer. The bonus depreciation is 50% first year depreciation allowance on all eligible depreciable property. The bonus depreciation is allowed for AMT purposes.

  

Rent
Quality Developments in Mississippi and Louisiana
click here

Buy
Quality Homes and Townhomes in Mississippi and Louisiana
click here

Invest
Quality Go Zone Developments in Mississippi and Louisiana
click here

  


The GO-Zone (Gulf Opportunity Zone) is a provision in the IRS tax code which allows accelerated depreciation on Qualified property.

Here is a link to the IRS publication which gives the details

GO-Zone 4492 Publication.pdf


Village of Jefferson Townhomes
Luxury Townhomes, Gulfport, Mississippi
Click Here for photos
and info >>>>

For Leasing contact:

Marie Schroeder

 
 

228-234-9881
Francis Bologna

 
 
Home || Rent || Buy || Invest || About Us || Contact || Townhomes