Do You Need a $1.4M Write Off for 2025?
Business Description
Opportunity to purchase a "special purpose" property, so you would be able to write off approximately $1.4 million of the $1.885 million (everything except the land value) in the first year. That loss can be used to offset other real estate income you have this year which is a great benefit! The loss can also be carried forward to use against future income if you don't use it all in 2025. In addition to the tax benefit, you would get a 7% cash on cash return from day one based on the 132k triple net rent. The tenant takes care of 100% of all costs associated with the property so there's no responsibility on the landlord. *Cash buyer only*
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Property Upgrade
Listing Info
- ID
- 2446562
- Listing Views
Listing ID: 2446562 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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