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CHECK OUT THE LEE COUNTY GO ZONE
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The IRS has just made Lee, Collier and Charlotte county part of the Hurricane Wilma Go Zone! This is the perfect time to purchase pre-construction homes in this area for rent, or to purchase a spec home for rent. We currently have spec homes completed or nearing completion for purchase. Take advantage of the tax break, and get cash-flow!
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The Go Zone ( Gulf Opportunity Zone) is targeted to New Construction Properties that is rented or leased after August 28th, 2005. These properties should be allowed 50% depreciation. The government wants investors to step in and help revitalize areas that have been hit by hurricanes which has created a large demand for affordable housing. In doing so, the government is giving substantial tax breaks to investors who purchase new homes for rent. This incentive is a huge draw for real estate investors and can create substantial benefits and savings. Please note that you must contact your tax advisor to understand the benefits you may have. Please do not take this as real estate investment advice, and it is extremely important to contact your tax advisor to find out more about the Go Zone. You can also get more information on the Go Zone at www.irs.gov.
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Our Formula For Success! |
Tax Break + Cash-Flow + Appreciation = Sound Investment |
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