This developer uses a unique construction technology that withstand over 210 miles an hour wind (the required building code is 150 miles an hour), and these houses are built on a “NO FLOOD ZONE”.

This substantially reduces the homeowners insurance premium, giving you the investor
More positive cash flow.

Yes, these properties do give you positive cash folw with only 10% down payment, AND
a unique developer incentive gives you back down payment amount minus $490.

This makes it so easy for you to buy these homes with just $490 out of pocket.

Single Family Residences & Duplexes

Positive cash flow of $210 to $672+ per month

Developer pays all closing cost

Many jobs for tenants (not only the gaming industry, but also, Nortrup Grumman, Airforce Base, Chevron, Dupont, Cingular, NASA, Rocketdyne, just to name a few).

Lower insurance cost.

More Features to create higher resale value:

NASA Technology Air Purification
Water Purification
Eco Friendly and Energy Efficient
Brinks Home Security System with 1 year monitoring included
R-30 Insulation on all exterior walls and ceilings
Energy Star Appliance Package
Ceiling Fans in all rooms
Built using 75% Recycled Material
Minimal job-site waste
Impervious to Mold, Termites and Fungi
Considered a 100 year structure
Steel Roof with 50 Year Warranty
Insurance premiums CONSIDERABLY lower Landscape Package
18” Tile throughout with carpet in bedrooms
Home constructed in less than 90 days

Fly & Buy Program to see what you are buying!

Huge GOZONE TAX BENEFITS

50% Bonus Depreciation

• First-year 50% depreciation deduction
• Software, equipment, leasehold improvements and real estate expenditures
• Placed in service through 12/31/08 for real property.
• Bonus depreciation may not be used with any tax exempt financing

Net Operating Loss Carryback 

The net operating loss carryback period extended from 2 to 5 years for losses

NOL can be carried forward for 15 years

• New investment and repair of existing investment damaged by Hurricane Katrina
• Business casualty losses due to Hurricane Katrina
• Moving expenses and temporary housing expense for employees working in damaged areas

Utility property losses, either:

• Carry back a net operating loss attributable to certain casualty losses 10 years
• Treat certain casualty losses as having occurred five years prior to the disaster

Housing Incentives/Programs

• Low-income housing rules are relaxed, so more bond proceeds may be used to rebuild
• First-time homebuyer rule waived
• Mortgage revenue bonds may be used to repair homes (up to $150,000)
• Increases allocation of low-income housing tax credits to $18 per capita
• Up from $1.90 per capita
• This allocation is increased for ‘06, ‘07, and ‘08
• Unused allocations may not be carried forward

Commercial

• Tax incentives for new investment, clean-up, repair, and employees housing and retention
• Tax incentives for financing and repairing
• Private Activity Bonds issued through Mississippi Business Finance Corporation
• Housing
• Tax exempt low/moderate income housing bonds
• State and Municipal
• Public bonding authority
• Debt restructuring
• Tax incentives for new investment, clean-up, repair, and employees housing and retention
• Tax incentives for financing and repairing
• Private Activity Bonds issued through Mississippi Business Finance Corporation
• Housing
• Tax exempt low/moderate income housing bonds
• State and Municipal
• Public bonding authority
• Debt restructuring