Real Estate Investing

Option, Lease Option and Lease Purchase

by Damion 4 July 2011

As I deal with a lot of investors, I often run into deals with Options, Lease Options, and Lease Purchase agreements. The problem is that these terms are often used interchangeably because many investors have received bad information on what they actually are. “Lease Options” are often pitched to investors in a “sexy” manner but [...]

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Investment Rental Homes Biloxi and Gulfport MS

by Damion 16 March 2011

With tax advantages (Go Zone) and other incentives (SRAP, MDA), many investors fell prey to unscrupulous or unknowledgeable agents and brokers pushing properties just to take advantage of these incentives. It is unfortunate that this happened, but in some ways it has made it a great market place for serious investors who work with a [...]

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Go Zone Investments MS Emerging Real Estate Market

by Damion 9 March 2011

While Go Zone accelerated depreciation is a great reason to buy real estate investments on the Mississippi Gulf Coast, it is not the only on. While every home buyer and investors needs are different, the one thing everyone wants to see is appreciation in their investment. Looking for emerging real estate markets is one of [...]

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Go Zone New Construction Homes for Sale

by Damion 3 March 2011

Go Zone accelerated depreciation is in its final year without any anticipation of being extended again. This means that if you are serious about doing anything with Go Zone property – you need to start acting now. There are a lot of agents out there that are selling properties, saying they qualify for Go Zone [...]

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Go Zone Waterfront Developments

by Damion 25 February 2011

The Go Zone offers 50% accelerated depreciation in the first year of acquiring an eligible property. While the ins and outs need to be discussed with your tax professional, I have been working with Go Zone since its inception and not only can I assist you with the information, but also the properties. I take [...]

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Go Zone Extension 2011 Notes

by Damion 6 January 2011

The MS Coast won another victory when the Go Zone bill was extended last month, providing for accelerated depreciation on real estate property put into use during 2011. The prior extension [2010] was a bit “thrown together” and extended the “put into use” part, but did not extend the expenditure date. What this means is [...]

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SRAP 1 & 2 Recap

by Damion 24 August 2009

The Small Rental Assistance Program, SRAP, was designed by the Mississippi Development Authority, MDA, to assist coastal MS in disaster recovery. The SRAP program provided property owners forgivable loans up to $40,000 per unit for properties utilized in a rental capacity for 5 consecutive years from the SRAP “loan” date. The SRAP program is over [...]

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