| Go Zone Depreciation allows for ten's and even hundred's of thousands in depreciation losses. |
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| Being a real estate professional, you should take advantage of the opportunities to purchase properties in the Go Zone and use the bonus depreciation losses to offset your current ACTIVE income. |
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| Example: |
No Go Zone Purchase |
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| Taxable Income: |
$250,000 |
| Tax On Income: |
$58,125 (Estimated) |
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| Assuming: Married filing jointly. |
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With A Go Zone Purchase of $250,000 |
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| Taxable Income: |
$250,000 |
| Bonus Depreciation Loss |
$112,500 |
| Tax On Income: |
$23,718 (Estimated) |
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| Tax Savings of: |
$34,407 |
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| Assuming: Married filing jointly. 10% land basis. |
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| This clearly shows the potential benefits of purchasing real estate in the Go Zone. |
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| This is an example only. Consult your tax advisor for your specifics. |
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| If you wish to learn more contact us now, to find out how to take full advantage of the Gulf Opportunity Zone Act. |
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