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Free Stuff - Real Estate Investing - Foreclosure Investing - Investor resources
Announcements
8-22-2007

We are excited to announce that WhisperDeals.com affiliate Stephanie Long, Esq. is currently writing an E-Book titled "The G-Zone Gold Mine for Real Estate Investors."  Stephanie is President of REITS, Inc. and is also a managing partner of Estill & Long, LLC, a Denver based law firm.  Most real estate investors have heard of the Go-Zone, but most do not have even the most basic understanding of Gulf Opportunity Act of 2005. 

In her book, Stephanie will discuss the Act in detail, providing all the essential information necessary for you to take advantage of all the benefits it offers to investors.  The E-Book won't be ready this fall, but I wanted to give you a sneak peek at the table of contents so you can look forward to the best resource I've seen on the Go-Zone.  If you are interested in getting a copy of this valuable resource  click here and enter your contact information.

I. What is the Go Zone?
 A. Background and History
 B. Purpose
 C. Covered Areas
      1. Gulf Opportunity Zone
      2. Wilma Go Zone
      3. Rita Go Zone 
 D. Definitions
 
II. Statutory Provisions-The Gulf Opportunity Act of 2005
 A. Tax Deadlines
 B. Tax Benefits
      1. Tax exempt bond financing
      2. Advance Refunding of certain tax exempt bonds
      3. Increase to the low income housing credit cap
      4. Additional first year depreciation
      5. Increase in expensing
      6. Expensing for certain demolition and clean up costs
      7. Extension of expensing for environmental remediation costs
      8. Increase in rehabilitation credit
      9. Five year NOL carryback
      10. Employee retention tax credit
      11. Work opportunity tax credit
III. Special Provisions
 A. Recapture
 B. The “substantially all” and “active use” requirements
 C. Election not to deduct Go Zone additional first year depreciation

 
IV. FAQ’s and Case Studies
 



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