Posted by Bill H on March 07, 2006 at 21:37:31:
I live here…was here for Katrina, and will be here for next one.
Are you also aware that Gov Barbour signed into law on Oct 4th a statute pertaining to foreclosure in the State of MS.
Are you aware that just about everything here will be affected by the new FEMA Building codes?
Not trying to dissuade you at all,just wondering are you really aware of what you are getting into.
Good Luck,
Bill H
New Tax Law for Investors - Posted by Demetrius Mathis
Posted by Demetrius Mathis on March 07, 2006 at 17:50:26:
I am an investor in Mississippi.Due to the Hurricane Katrina , President Bush passed a new law called the Gulf Zone Act of 2005.This will allow a 50% bonus depreciation the the first year on investment properties that are put in service after October 2005 for the next 2 years.How can investors maximize this tax incentive to their advantage? Thanks