Congress has expanded the opportunity for investors / businesses in the GO Zone to carry back their net operating losses.

The time period for Net Operating Loss carry back has been extended from 2 years to 5 years.

Business may carry forward Net Operating Losses for up to 20 years.

Qualifying losses may be used to offset up to 100% of income subject to the Alternative Minimum Tax.
Qualifying losses include:
    > Depreciation deduction with respect to qualified Go Zone property. Long story short on a  $130,000 home value, roughly $60,000 in depreciation using a 30% tax bracket leads to a tax credit of upto $18,650.

You can go back up to 5 years or forward 20 years to recapture the taxes paid or project forward and claim the tax benefit.
*Please consult your financial advisor on this matter

Finally, every investor wants to know whether they qualify for the GO Zone depreciation because of the definition of being in a business. Yes, the definition allows investors to qualify as long as they follow the guidelines, which we would be glad to explain to you.