Go Zone Depreciation allows for hundred's of thousands in depreciation losses.
Let's assume you invest $2.5 million in an apartment building.
Without the Go Zone incentives, the depreciation amount would be $49,250.
When the Go Zone Act is taken into consideration the first year's depreciation escalates to $1.274 million.
Because of the dramatic benefits offered in the Gulf Opportunity Zone Act, you have the potential to produce significant depreciation losses during the first or subsequent years. These results are what has serious financial planners very interested.
If you are high net worth and looking for Bonus Depreciation contact us now, to find out how to take full advantage of the Gulf Opportunity Zone Act.
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