Our buyers often look for mixed-use properties as options. Many of them desire a combination of office, residential and retail development space.
At Welfont, we oversee the sale of mixed-use properties throughout the deal. Also, when we apply IRS-approved tax strategies, like the IRS Section 170 Bargain Sale, donations to nonprofits allow companies to enhance their philanthropy. In addition to giving back to society, companies enjoy higher tax deductions on residential and retail development space.
Bargain Sale and Mixed-Use Properties
From research to acquisition and disposition, mixed-use properties allow our clients the opportunities to maximize their ROI. Welfont works hand-in-hand with analysts, real estate brokers, property managers, appraisers, lending institutions, and contractors. Over the last 10 years, we have completed numerous IRS Section 170 Bargain Sales. Nationally, more than $200 million of transactions have been completed with the help of our principals. These properties have a total size of more than 10 million square feet of buildings. Approximately 1,000 acres sit on commercial land.
Welfont would like the opportunity to help you connect with a nonprofit, seller or buyer. We look forward to helping you realize the greatest tax deductions possible using a IRS Section 170 Bargain Sale, while helping you give back to society.