 Thu, Jan 10 2008 8:30 AM
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guthrieschoonerbay
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GO Zone tax incentives
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I need investors for preconstruction GO Zone properties in Mississippi. We have the packages fully set up for investors to recieve the bonus depreciation and the forgivable government loan of $36,500.
3/2, stick-built home, built to Miami-Dade hurricane standards - 1320 Sq. Ft.
Aquisition Price: $126,550
Appraised Value: $150,100
1st Year, 50% bonus depreciation tax credit w/ 5 year NOL carryback
$36,500 forgivable government loan if placed in the Rental Assistance program for 5 years.
22 new Vegas style casinos just put in right down the street on land.
Dustin L. Guthrie
239-297-1583
dguthrie@schoonerbayrealtyinc.com
http://www.yourlocalreagents.com/index.cfm/GO_Zone_Investments
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