AUSTRALIANS CAN NOW BENEFIT IN THE GO ZONE!!!

FROM ONLY $159,900 - 90% mortgages guaranteed!

Hurricane Katrina devastated the entire Mississippi Gulf Coast, destroying over 64,000 homes and over 120.000 rental properties. This has created a critical need for new affordable home construction. President Bush signed the Gulf Opportunity Zone Act offering substantial tax incentives to individuals and businesses investing in real estate located in areas heavily damaged by Hurricane Katrina. (There are more still than 100,000 people living in temporary FEMA accomodation).

In addition, 22 Vegas-style Casinos are either already in operation or being built, and they are drawing even more people to the region. Employees are driving well over an hour each way to go to work simply because they have no where to live that is close to the casinos in these areas which were all affected by Hurricane Katrina. The Government is busy expanding the Military Installations of Keesler Air Force Base, Stennis Space Center, and the Atlantic Fleet Seabee base.

Plus the following are just a few of the giant business conglomerates that have already built, or are presently building, in the area :

BAE Systems Pratt & Whitney,
Rocketdyne Rocket Engine Assembly Facility,
Applied Technologies,
General Dynamics,
ITT Industries Inc.,
Lockheed Martin,
Northrop Grumman,
Pratt & Whitney,
Rolls-Royce Naval Marine Inc.

This massive business and government growth has caused a huge demand for home rentals and purchases. As a result, the demand for permanent, affordable housing has caused the Federal Government to step in.

Government Financial Incentives and tax breaks encourage growth and create a very attractive investment environment, including 50% of the cost of the building from your tax liability in the first year and future "cash back" incentives.

Tax Incentives from Federal Government
The federal government has implemented some amazing tax incentives for those who help rebuild the GO Zone (Gulf Opportunity Zone) area of Mississippi. An investor can claim a federal 50% BONUS DEPRECIATION on a new property put into rental service prior to the December 31, 2010 deadline.

For example, let’s say an investor purchases a pre-construction duplex, and then rents it out. Let’s assume the value of the land is $15,000 and the remainder ($229,900) is the actual property value. The investor could claim a bonus depreciation deduction of $114,950 for tax purposes. As you can see it might be possible to offset all of your taxable income! Of course the ability to use all the bonus depreciation depends each investor’s circumstances. The IRS allows you to carry forward unused depreciation for up to 15 years or you can also carry it back up to 5 years to get a rebate from prior years. (Please consult your tax advisor to discover how these incentives apply to you).

Finally, every investor wants to know whether they qualify for the GO Zone depreciation because of the definition of being in a business. Yes, the definition allows investors to qualify as long as they follow the guidelines, which we would be happy to explain to you.

For Details Visit: -IRS Pub 4492: Information for Taxpayers Affected by Hurricanes Katrina, Rita and Wilma (page 12)

WE ARE PLEASED TO ANNOUNCE THAT THROUGH "DIRECT" NEGOTIATIONS PROPERTY "DIRECT" AMERICA, WILL EXCLUSIVELY OFFER THIS UNIQUE INVESTMENT OPPORTUNITY - WITH FULL U.S GOVERNMENT TAX ADVANTAGES .

COMPLETE "TURNKEY" SERVICE (including legal; tax; management; rental; "tax benefits" and eventual re-sale!)

Steel Framed Homes

Mixed Single Family/ Multi Family Homes in Bayside Park

Duplex

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