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Go Zone

On August 29, 2005, the states of Mississippi, Louisiana, and Alabama suffered widespread damage as a result of Hurricane Katrina, a natural disaster of unprecedented proportion.

The “Clarion Ledger”, the state’s newspaper, reported that 70,000 homes were completely destroyed and 65,000 homes had “significant damage” just in the lower six counties that make up the state’s Coast region. These loses are staggering, especially when you consider the maximum number of homes ever built in this region in one year is 2,800.

On December 21, 2005 President Bush signed into law the Gulf Opportunity Act of 2005. This law commonly referred to as the “Go Zone” provides unprecedented economic and tax benefits to those areas hit hardest in Mississippi, Louisiana, and Alabama. The legislation provides HUGE incentives to investors building or buying new construction in these areas.

Quick Example- One investor (medical doctor) building a $750,000 medical office, was previously paying $20,000 per quarter in federal taxes. As a result of this new construction project, he will not have any taxes due for the next two years. That’s a savings of 160k in real money.

Leland Speed- the Director of the Mississippi Development Authority, the state agency charged with regulating this legislation, and also President of two of the most successful Real Estate Investment Trusts (REIT’s) in the country has said, we have not seen such a massive rebuilding effort since the Civil War and we will not see another such opportunity in our lifetime.

To order the special report prepared by Brown Dog Properties, LLC managing member, Jim Adams, III, complete the following information and you will be able to download the PDF explaining why this is the best real estate investing opportunity maybe ever.

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