New Website Connects Real Estate Agents, Developers, and Nationwide Investors with "GO Zone" Real Estate Opportunities
Las Vegas, NV (PRWeb) February 7, 2007 -- RE/MAX Millennium Commercial Properties and Ron Costa today announced the launch of the GOZoneProjects.com website, designed to showcase qualified real estate investment opportunities and connect real estate agents, developers, 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 real estate agent and GOZoneProjects.com website developer Ron Costa. "We are aspiring to make this website the premiere source for GO Zone information and real estate investments and are happy to collaborate with anyone including agents, developers, brokers, investors, journalists, lawyers, and accountants to make this venture a success".
GOZoneProjects.com is a totally free site. Developers will be able to list their projects on the site for free. They are then matched to investors registered via an online form at the website. Then, local real estate agents (also registered via the website and carefully screened afterwards) are contacted to guide the investors through the closing process on the selected property.
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.
For more information, please visit the www.gozoneprojects.com website.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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