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Disclaimer: We are not tax attorneys or advisors. The information contained in this article is for educational purposes only. Please consult your appropriate legal/tax advisor.
I have assimilated much information on the GO Zone (Gulf Opportunity Zone) enacted by the US Congress) and am so excited by the opportunities to help Mobile, Dauphin Island, the Gulf Coast while benefiting investors with provisions of the GO Zone. A WIN-WIN for everyone.
If you are serious about investing in residential rental or commercial property you owe it yourself to lean more. I have access to CPA's who are working with clients who are investing in the GO Zone and who can advise you or your tax expert on the nuances of the GO Zone.
Here is a direct link to the Federal IRS website referencing the benefits of a GO Zone investment. IRS GO Zone site
Here is another site that will detail the benefits and some examples. GO Zone in detail. Of course I will be happy to discuss this option directly and offer specific local example of property that would qualify.
To continue the learning process please call or click on the email link on this site and ask me a question.
Best regards,
Marion
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