GoZone Information

You might want to check the details of the Go Zone in the IRS publication 4492. you can download it at IRS.gov. I'm not sure if each state has different time lines, but the tax incentive will only be available on new construction PUT IN USE for the first time by the end of 2008 in Texas. Be sure to check with your tax professional to be sure your property will qualify. Don't forget to protect your liability by setting up an LLC properly.