HOW REAL ESTATE PROFESSIONALS CAN LEGALLY PAY NO INCOME TAX IN 2008 and Get a Refund on the Income Tax You Paid in 2003, 2004, 2005, 2006 and 2007!

Dear real estate investor,

If you'd like to a refund from the IRS for all of the taxes you've paid since 2003, pay no taxes in 2008 and pay no taxes for the next 20 years, then this might be the most important letter you'll ever read.

Here's why:

You can legally pay no income taxes when you use this most extraordinary tax benefit available to real estate professionals in the history of the United States.

Now, I know you're probably skeptical. That's normal and healthy. Let me give you three good reasons we can back up what we claim:

Three Reasons To Believe What I Say

Reason one: I have trained dozens of real estate investors on this tax incentive over the past 3 years, and I will teach you the "rules of engagement." These simple techniques could literally put thousands of dollars in your pockets. I love to help people get BIG refund checks from the IRS. Many of them use the money to buy more rental properties.

Reason two: I am a real estate broker licensed in the state of Alabama. You can check my company's credentials with the Alabama Real Estate Commission. I have made it my business to know everything there is to know about this tax incentive. I've interviewed CPA's and tax attorneys. I've read all of the IRS' documentation on the topic, and once I actually held on a phone call to the IRS for 2 hours just to get clarification on a point.

Reason three: I will reveal specific sections of the IRS code that authorize this incentive and explain how to use it. You should always do your due diligence and verify what I am saying is true. I will give you the IRS Publication number and my CPA's name and number to help you and your accountant or tax attorney verify it is all real, true and 100% legal.

Here is a summary of the
benefits you receive

• Pay no income tax in 2008
• Make hundreds of thousands of dollars this year in earned income, but pay the IRS nothing
• Get a refund check for all of the federal income taxes you have paid since 2003
• Wow, you could receive a HEFTY Check
• Own rental property
• Own a brand new home in a highly desirable neighborhood
• Own a rental house
• Receive monthly income on your investment
• Provide much needed housing
• Do your part to help a family achieve the American Dream of home ownership
• Local property manager
• You don’t have to manage the day-to-day activities
• Own positive cash flow properties
• You’ll receive a check every month
• Own property in an aggressively growing market
• Your property will appreciate fast
• Buy your retirement home now
• Collect rent until you retire and then move into the house
• Personal Property Manager assigned to you for all of your homes
• Tenant Placement only services available
• Full Service property management available for 8%
• Property Manager trained to offer Income for Life’s Rent-to-Own program
• Your check mailed monthly to you with a full statement

Now, you're probably wondering how and why we can make these claims.

Let me explain. Two ways to legally pay no income tax in 2008 are:

   1. Don't make any money or

   2. Make a ton of money, but purchase investment property in an area commonly called the "GO Zone.”

In 2005, Congress passed and George W. Bush signed the Gulf Opportunity Act of 2005 (HR4440), designating certain areas of Louisianan, Mississippi and Alabama as the Gulf Opportunity Zone or “GO Zone.”

The GO Zone Act could be the most extraordinary tax incentive in the history of the United States. One of the main benefits to real estate professionals is a 50% first year bonus depreciation for buying residential investment property.

This bonus depreciation not only allows real estate professionals a “paper loss” in 2008 against all other forms of income, you can carry back the loss 5 years to get a refund from the government on income tax already paid.

Non-real estate professionals, who make less than 150K per year, may be able to take the bonus depreciation and write off up to 25K per year against their other income and carry the rest forward.

In case you’re having trouble comprehending what this might mean to your Schedule E, let’s look at an example with some real numbers. Normally, a residential investment property is depreciated over 27.5 years, which comes out to 3.64% per year. That means if you buy a qualified property for $166,500, and the land is worth about $30,000, the value of your structure (called your “depreciable basis”) would be $136,500. Normally, you would depreciate this over 27.5 years, giving a paper “loss” that can be written off of $4,968 per year.

If you qualify as a real estate professional for tax purposes and you buy this same property in the GO-Zone (Baldwin County), it generates a 50% first year bonus depreciation, which means instead of a $4,968 first year depreciation, it would generate a $68,250 first year depreciation!

Also, GO-Zone bonus depreciation is not subject to restrictions of alternative minimum tax (AMT).

And you are allowed to carry this "loss" backwards 5 years, take it against income you have already paid taxes on, and get a refund from the government! So, if you are in the 35% tax bracket, that is a tax refund of $24,747! If you put $33,300 down on this property, that would be a 74% cash-on-cash return JUST FROM THE TAX INCENTIVE ALONE.   Again, this is your TAX INCENTIVE ONLY, I'm not even counting your any cash flow or appreciation.

If a real estate investor is going to buy homes this year, why wouldn’t he or she buy GO Zone properties?  Wouldn’t it make sense to get almost $70,000 to write off in the first year versus just under $5000 and this is just on ONE nice Single Family home?  What if you bought multiple homes?  The tax implication is virtually unlimited.

A good question you might be wondering the answer to at this point is “What’s the exit strategy?” or “will I have to recapture the depreciation?”

Again, the IRS provides an exit strategy to indefinitely defer some or all of “your depreciation recapture” and ALL of your “capital gains.” You can defer it forever, or at least until you die. Hold your property for 12 months, and then you can do a 1031 exchange (section 1031 of the IRS Tax code).  Simple rules must be followed exactly for a proper 1031 exchange so make sure you work with professionals throughout this process.

As I mentioned earlier, the GO Zone covers areas in three states. Baldwin County, Alabama is the eastern most part of the designated area. It is also the county located just east of the city of Mobile. Baldwin County is the size of Rhode Island, the lower section has 32 miles of white, sugary sand beaches that connect to Florida’s panhandle. The green emerald waters of the Gulf of Mexico attract a huge and growing tourist business. Many of the condos make fantastic vacation homes.

Some parts of the GO Zone are economically depressed and some are preparing for more aggressive growth than any other metropolitan area in the whole country. Make sure you choose your investment in the most aggressive growth area.

Moody's and Forbes recently ranked all of the United States’ 363 metropolitan areas for economic growth over the next 5 years. Mobile, Alabama came in Number One with an expected growth rate of over 34 percent from 2007 through 2012. That's a huge percentage!

According to Business 2.0 and CNN's Money Magazine, "Mobile is emerging as the South's next boomtown and a magnet for mega-projects". The biggest is a $4.1 billion steel mill that German industrial giant ThyssenKrupp is building in Mobile. It will create 2,700 jobs when it opens in 2010, generate almost twice as many spin-off jobs, and bring in 29,000 workers during the construction phase.

Wachovia Economic Group's 2007 Report said that some of the additional projects coming to Mobile are:

Imagine if you had the foresight 7 years ago to invest heavily in Las Vegas, Miami, Phoenix, San Diego, and Honolulu, and to get out 2 years ago. Those markets all appreciated over 100% in a 5 year period. Many savvy investors made enough money in those markets in just 5 years that they never have to work again. They are financially independent.

Unlike the stock market, local real estate markets usually move in slow, predictable cycles. Appreciation is not magic or luck, it typically correlates closely with economic development and population growth in a local area.

As you can see, in all of the GO Zone designated areas, Mobile is number #1 in expected economic and population growth. It’s actually number #1 out of all 363 metropolitan areas of the whole country.

You might be unfamiliar with the area and not know that a most of the people who work in Mobile prefer to live in Baldwin County.  Why?  Think warm southern climate, white sugary sand beaches, some of the top rated golf courses in the country, friendly laid back lifestyle, but much lower property taxes than many other places in the country.  Terrific schools, medical facilities and fabulous new shopping centers.

Baldwin County expects a massive migration to the area as baby boomers begin to retire in the next 2 years. Boomers find the tropical weather and high quality lifestyle offered in the area attractive as well as NO PROPERTY TAXES FOR SENIOR CITIZENS!

Okay, you might be thinking, how do I do this?  How do I get started?  You could take a huge amount of time to do all the research and figure it all out. Or you could let us help you. We’ve already done the research, we know which homes will or will not qualify for the tax incentives. We know which builders will work with investors and which ones will not. Save yourself a lot of time and aggravation, we have builders who come to us first so that we can offer the best deals to our Income for Life members before the general public even knows about them.

Don't take my word for it.  
Listen to what our customers say.

“I can't believe how much Tami and her team know about the tax code as it benefits real estate investors.” Lisa R. Johnson, CPA- Resource CPA, Inc. Phone: 251-580-5012

“The Income for Life training and personal attention I received from my Wealth Coach gave me all the confidence I needed to buy my first investment property.” Susan Maynard, Mobile, AL

“Tonya McGuire, Wealth Coach, just found a "way below market value" luxury condo for an investment. We like it so much, we might decide to just use it for our weekend getaway.” Cathy & Mike Dodds, Mississippi

Warning: Do NOT buy a real estate investment this year unless it meets the following 6 criteria

There is a lot of confusion surrounding today’s real estate market. I want to give you 6 criteria or elements you absolutely, positively must consider when you buy real estate this year. Choose property:

One: located in an aggressive economic growth market  

Two: in an area with many multi-billion dollar mega-projects "under construction"

Three: qualified for Federal government tax incentives

Four: verified through a qualified real estate team

Five: with a trustworthy, local real estate team to help you manage and "keep an eye on your property"

Six: that works financially into your overall plan

You might be looking at the best real estate investment opportunity of your entire lifetime in the United States!

In summary, it’s entirely up to you to take a look at all the signs that the timing is perfect. We’re talking about the most aggressive economic growth market in the whole country. People are just now starting to move to the area, with thousands more expected over the next 5-7 years. Home prices are low and interest rates are low. And the BIG KICKER, until the end of 2008 the federal government is literally paying real estate professionals to put their money into this area. The next step is yours, will you take action?

Act immediately and receive the following bonuses

Since I know it's 100% to your benefit to act right away, I want to sweeten the pot and give you every possible reason to say “GO ZONE” today! If you respond immediately, you'll also receive the following:

Free bonus one: Audio CD of Questions and Answers about GO Zone investing

Free bonus two: Free 1 hour consultation with Lisa R. Johnson, CPA and president of Resource CPA, Inc.

Free bonus three: Priority notification via email when we have a Home Hunter deal available on a GO Zone home.  (A Home Hunter deal is an opportunity to buy a home that has already been picked out by the Rent-to-Own Tenant-Buyer. The Tenant-Buyer has already deposited their upfront fee of at least $2,500 into our escrow trust account.)

Free bonus four: Free 1 hour planning session with our GO Zone property Income for Life Wealth Coach.

Free bonus five: Free list of GO Zone qualified homes with pictures in Baldwin County, Alabama.

To your success,

Tami L Roberts

Here's how to take the first step right now!

Complete the form below. We will contact you right away to answer any questions you might have. We will notify give you priority when we have an opportunity available for a GO Zone home purchase.

P.S. If you are an Income for Life member, please tell us your Region Owners name. If you are not an Income for Life member, and would like more information on becoming a member, visit: www.QuitWorkSomeday.com  Be sure to select AL-Baldwin County if you are interested in investing in the GO Zone with us.