The GO Zone Tax Benefits

Hurricane Katrina touched down on August 29, 2005, it is a day the Gulf Coast will never forget. The path of devastation was from New Orleans to the west all the way east to Mobile, Alabama. The destruction of homes, businesses and other real estate was so huge it prompted President Bush and Congress [...]

GO Zone Preconstruction Investing Pitfalls

Most of the people wanting to sell GO Zone Preconstruction (developers and agents) and even people investing in GO Zone Preconstruction will tell you that it is a sound investment…one of the best you can make right now. They will go on and on about how Katrina destroyed the housing stock, casinos are being [...]

The State of Alabama hopes to add two counties to the GO Zone

Hurricane recovery projects in two Alabama counties would gain eligibility for tax exempt bonds in a bill that passed the U.S. House this week, if passed this change would immediately benefit a manufacturing plant being built in Colbert County.  The bill still needs to pass the Senate though.

Investing in the GO Zone with a Master Lease Condo

While most of the U.S. is struggling to maintain property values, the Biloxi area is thriving with new businesses and rebuilding efforts in the wake of Hurricane Katrina. The GO Zone Bonus Depreciation coupled with the fact that the Biloxi area is one of the best real estate emerging markets in the United States [...]

GO Zone extension bill makes it through the House

The GO Zone extension bill that relates to the Gulf Opportunity or GO Zone Act passed the House on Wednesday (5/21/08). This bill will get rid of the deadline to start construction and qualify for the GO Zone bonus depreciation. The Senate and House must now come to an agreement on the bill. [...]

Who should you believe about the Small Rental Assistance Program (SRAP) ?

I like to stay abreast of any breaking news stories related to the GO Zone, and while doing my daily research today I read an article in a local Mississippi paper titled Bayside Bubble by J.R. Welsh.
I was a little surprised when I read article, because there were some facts that were incorrect and could [...]

What is the GO Zone? Part 1

The Gulf Opportunity Zone Act of 2005 (H.R. 4440 passed by Congress on Dec. 16, 2005, and signed by President Bush on Dec. 21, 2005) establishes tax incentives and bond provisions to rebuild the local and regional economies devastated by hurricanes Katrina and Rita. The act is commonly referred to as the “GO Zone Act.”

GO Zone Bonus Depreciation

Under present law, a taxpayer is allowed to recover, through annual depreciation deductions, the cost of certain property used in a trade or business or for the production of income. The amount of the depreciation deduction allowed with respect to tangible property for a taxable year is determined under the modified accelerated cost recovery system [...]

GO Zone makes for an Unprecedented Opportunity

The 2005 Atlantic hurricane season was a record period of activity in this country with 27 named storms and 14 hurricanes. Of the seven hurricanes that made landfall, six came ashore along the Gulf Coast, impacting all states from Texas to Florida. Hurricanes Katrina and Rita were particularly devastating to Louisiana and its coastal communities, mainly the New Orleans and Lake Charles areas.

Concrete GO Zone Investment Homes For Under $5,000 Out of Pocket!

By Skyler Moore
GO Zone Gateway is dedicated to the Real Estate Investor. It is our mission to stay on the cutting edge of all GO Zone news, laws and projects being offered. We have built and closed on every type of construction out there including stick, steel frame, modular and concrete.
We have partnered [...]