Welfont and the 170 Bargain Sale
- 18+ Million Square Feet Acquired
- 42+ States We Have Done Transactions In
- $300+ Million in IRS Section 170 Bargain Sales
- 500+ Years of Combined Real Estate Experience
The IRS Section 170 Bargain Sale has been around longer than the 1031 Exchange. With this tool you can sell to a not-for-profit (“NFP”) for a below market price, and get a significant tax deduction for the portion between the asset’s fair market value (“FMV”) and the price paid.
Why Choose Welfont?
Welfont is a commercial real estate brokerage company specializing in the acquisition of commercial properties including performing and underutilized and distressed real estate. We represent cash buyers from the private sector, and nonprofits capable of competing successfully with other buyers in the value add market space.
With the IRS Section 170 Bargain Sale tax strategy, Welfont has helped Corporate America quickly and profitably divest itself of over ten million square feet of commercial and industrial space, creating new job opportunities and stimulating the local economy in the process.