The GO Zone provides some of the most beneficial tax incentives taxpayers have ever seen
Pleasanton, CA (PRWEB) September 28, 2007
Michael Robertson today announced the launch of the GOZoneCPA.com website, designed to showcase tax benefits and qualified real estate investment opportunities and to connect CPA's, their clients and nationwide investors to take advantage of the unique circumstances that presently exist on the Mississippi Gulf Coast.
The Gulf Opportunity Act of 2005 (commonly referred to as the "GO Zone" Act) was passed by Congress and signed by President Bush to help the affected counties in Alabama, Mississippi, and Louisiana rebuild subsequent to Hurricanes Katrina, Rita, and Wilma which devastated the area. The GO Zone act was created to spur investment and business development in the areas hit hardest by Hurricane Katrina by providing investors and developers with tremendous tax incentives, including 50% bonus depreciation incentives that allow the investor to literally write off thousands of dollars, while still realizing considerable profits on the properties.
"The GO Zone provides some of the most beneficial tax incentives taxpayers have ever seen", says Michael Robertson."We are aspiring to make GOZoneCPA.com the premiere source for GO Zone information and real estate investments and are happy to collaborate with anyone including CPA's, their clients, real estate agents, developers, brokers, investors, journalists and attorneys to make this venture a success".
GO Zone properties are phenomenal opportunities and their potential tax benefits can be substantial. However, not every property or every investor qualifies for the GO Zone incentives. Considering GO Zone eligibility rules are quite complex, investors should consult with their accountants or tax attorneys before purchasing a property.
Michael Robertson has been active in the real estate industry since 1979. He founded an appraisal company in 1987 which became nationwide. As an expert in property valuation, he understands the markets, opportunities and real estate trends. After studying the markets and opportunities it became apparent that the GO Zone presented a significant opportunity. As a result, Michael commutes regularly from the GO Zone to the Western States to speak and educate groups on the benefits of the GO Zone and the opportunities it provides. If you may be interested in a speaking presentation or GO Zone opportunities, please contact us today.